# EDGAR Filing Document

**Accession Number:** 0001627853
**File Stem:** 0002048251-26-000672
**Filing Date:** 2026-1
**Character Count:** 640476
**Document Hash:** 7ecfd39250ee418429bc4ef5533e8d27
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002048251-26-000672.hdr.sgml**: 20260128

**ACCESSION NUMBER**: 0002048251-26-000672

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251130

**FILED AS OF DATE**: 20260128

**DATE AS OF CHANGE**: 20260128

**PERIOD START**: 20260228

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SEI Catholic Values Trust
- **CENTRAL INDEX KEY:** 0001627853

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0228

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23015
- **FILM NUMBER:** 26572080

**BUSINESS ADDRESS:**
- **STREET 1:** ONE FREEDOM VALLEY DRIVE
- **CITY:** OAKS
- **STATE:** PA
- **ZIP:** 19456
- **BUSINESS PHONE:** 610-676-1000

**MAIL ADDRESS:**
- **STREET 1:** ONE FREEDOM VALLEY DRIVE
- **CITY:** OAKS
- **STATE:** PA
- **ZIP:** 19456

## Series and Classes Contracts Data

### Catholic Values Fixed Income Fund (Series ID: S000048321)

| Class ID   | Class Name                                                                        | Ticker Symbol   |
|:---|:---|:---|
| C000152592 | Catholic Values Fixed Income Fund Class F, effective 1-31-2017 (formerly Class A) | CFVAX           |
| C000152593 | Catholic Values Fixed Income Fund Class Y                                         | CFVYX           |

## Nport-Ex

**SCHEDULE OF INVESTMENTS (Unaudited)** 

November 30, 2025

**Catholic Values Equity Fund**

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value <br> ($ Thousands) |
| **COMMON STOCK<sup>††</sup> — 97.3%** |  |  |
| **Communication Services — 9.3%** |  |  |
| &nbsp;&nbsp;&nbsp;Alphabet Inc, Cl A | 25798 | $8260 |
| &nbsp;&nbsp;&nbsp;Alphabet Inc, Cl C | 14941 | 4783 |
| &nbsp;&nbsp;&nbsp;AT&T Inc | 83125 | 2163 |
| &nbsp;&nbsp;&nbsp;Charter Communications Inc, Cl A <sup>\*</sup> | 128 | 26 |
| &nbsp;&nbsp;&nbsp;Comcast Corp, Cl A | 23253 | 621 |
| &nbsp;&nbsp;&nbsp;Dentsu Group Inc | 23400 | 532 |
| &nbsp;&nbsp;&nbsp;Electronic Arts Inc | 3208 | 648 |
| &nbsp;&nbsp;&nbsp;Fox Corp, Cl A | 1439 | 94 |
| &nbsp;&nbsp;&nbsp;Fox Corp, Cl B | 1443 | 84 |
| &nbsp;&nbsp;&nbsp;Frontier Communications Parent Inc <sup>\*</sup> | 2253 | 85 |
| &nbsp;&nbsp;&nbsp;GCI Liberty, Cl C <sup>\*</sup> | 183 | 6 |
| &nbsp;&nbsp;&nbsp;IAC Inc <sup>\*</sup> | 443 | 15 |
| &nbsp;&nbsp;&nbsp;Iridium Communications Inc | 2536 | 42 |
| &nbsp;&nbsp;&nbsp;ITV PLC | 1615811 | 1764 |
| &nbsp;&nbsp;&nbsp;Liberty Broadband Corp, Cl C <sup>\*</sup> | 916 | 42 |
| &nbsp;&nbsp;&nbsp;Liberty Global PLC, Cl C <sup>\*</sup> | 3675 | 42 |
| &nbsp;&nbsp;&nbsp;Liberty Media Corp-Liberty Formula One, Cl C <sup>\*</sup> | 1082 | 104 |
| &nbsp;&nbsp;&nbsp;Liberty Media Corp-Liberty Live, Cl A <sup>\*</sup> | 989 | 76 |
| &nbsp;&nbsp;&nbsp;Liberty Media Corp-Liberty Live, Cl C <sup>\*</sup> | 690 | 55 |
| &nbsp;&nbsp;&nbsp;Madison Square Garden Sports Corp <sup>\*</sup> | 191 | 44 |
| &nbsp;&nbsp;&nbsp;Match Group Inc | 514 | 17 |
| &nbsp;&nbsp;&nbsp;Meta Platforms Inc, Cl A | 7587 | 4916 |
| &nbsp;&nbsp;&nbsp;Millicom International Cellular | 2134 | 113 |
| &nbsp;&nbsp;&nbsp;Netflix Inc <sup>\*</sup> | 16970 | 1826 |
| &nbsp;&nbsp;&nbsp;New York Times Co/The, Cl A | 2073 | 134 |
| &nbsp;&nbsp;&nbsp;News Corp | 6196 | 159 |
| &nbsp;&nbsp;&nbsp;Nexstar Media Group Inc, Cl A | 397 | 76 |
| &nbsp;&nbsp;&nbsp;Omnicom Group Inc | 2374 | 170 |
| &nbsp;&nbsp;&nbsp;Pinterest Inc, Cl A <sup>\*</sup> | 5993 | 157 |
| &nbsp;&nbsp;&nbsp;ROBLOX Corp, Cl A <sup>\*</sup> | 693 | 66 |
| &nbsp;&nbsp;&nbsp;Roku Inc, Cl A <sup>\*</sup> | 965 | 93 |
| &nbsp;&nbsp;&nbsp;Scout24 SE | 12806 | 1310 |
| &nbsp;&nbsp;&nbsp;Sirius XM Holdings Inc | 3627 | 77 |
| &nbsp;&nbsp;&nbsp;Spotify Technology SA <sup>\*</sup> | 1515 | 907 |
| &nbsp;&nbsp;&nbsp;Take-Two Interactive Software Inc <sup>\*</sup> | 1 |  |
| &nbsp;&nbsp;&nbsp;Telefonica Brasil SA | 211200 | 1394 |
| &nbsp;&nbsp;&nbsp;Telkom Indonesia Persero | 385600 | 82 |
| &nbsp;&nbsp;&nbsp;Tencent Holdings Ltd | 27100 | 2141 |
| &nbsp;&nbsp;&nbsp;TKO Group Holdings Inc, Cl A | 495 | 96 |
| &nbsp;&nbsp;&nbsp;T-Mobile US Inc | 3282 | 686 |
| &nbsp;&nbsp;&nbsp;Toei Animation Co Ltd | 3500 | 65 |
| &nbsp;&nbsp;&nbsp;Trade Desk Inc/The, Cl A <sup>\*</sup> | 825 | 33 |
| &nbsp;&nbsp;&nbsp;Trump Media & Technology Group Corp <sup>\*</sup> | 2318 | 27 |
| &nbsp;&nbsp;&nbsp;Universal Music Group NV | 21092 | 542 |
| &nbsp;&nbsp;&nbsp;Verizon Communications Inc | 24299 | 999 |
| &nbsp;&nbsp;&nbsp;Walt Disney Co/The | 15069 | 1574 |
| &nbsp;&nbsp;&nbsp;Warner Bros Discovery Inc <sup>\*</sup> | 9628 | 231 |
| &nbsp;&nbsp;&nbsp;WPP PLC | 352940 | 1421 |
| &nbsp;&nbsp;&nbsp;ZoomInfo Technologies Inc, Cl A <sup>\*</sup> | 2140 | 21 |
|  |  | 38819 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value <br> ($ Thousands) |
| **COMMON STOCK<sup>††</sup> (continued)** |  |  |
| **Consumer Discretionary — 9.8%** |  |  |
| &nbsp;&nbsp;&nbsp;Abercrombie & Fitch Co, Cl A <sup>\*</sup> | 845 | $83 |
| &nbsp;&nbsp;&nbsp;ADT Inc | 5625 | 46 |
| &nbsp;&nbsp;&nbsp;Airbnb Inc, Cl A <sup>\*</sup> | 571 | 67 |
| &nbsp;&nbsp;&nbsp;Amazon.com Inc <sup>\*</sup> | 25315 | 5904 |
| &nbsp;&nbsp;&nbsp;Amer Sports Inc <sup>\*</sup> | 2173 | 81 |
| &nbsp;&nbsp;&nbsp;Aptiv PLC <sup>\*</sup> | 636 | 49 |
| &nbsp;&nbsp;&nbsp;Aramark | 2596 | 96 |
| &nbsp;&nbsp;&nbsp;Aumovio SE <sup>\*</sup> | 1323 | 57 |
| &nbsp;&nbsp;&nbsp;AutoNation Inc <sup>\*</sup> | 266 | 56 |
| &nbsp;&nbsp;&nbsp;AutoZone Inc <sup>\*</sup> | 44 | 174 |
| &nbsp;&nbsp;&nbsp;B&M European Value Retail | 26648 | 60 |
| &nbsp;&nbsp;&nbsp;Bath & Body Works Inc | 2927 | 51 |
| &nbsp;&nbsp;&nbsp;Best Buy Co Inc | 976 | 77 |
| &nbsp;&nbsp;&nbsp;Birkenstock Holding Plc <sup>\*</sup> | 1491 | 65 |
| &nbsp;&nbsp;&nbsp;Booking Holdings Inc | 279 | 1371 |
| &nbsp;&nbsp;&nbsp;BorgWarner Inc | 537 | 23 |
| &nbsp;&nbsp;&nbsp;Bright Horizons Family Solutions Inc <sup>\*</sup> | 656 | 67 |
| &nbsp;&nbsp;&nbsp;Brunswick Corp/DE | 1228 | 81 |
| &nbsp;&nbsp;&nbsp;Burberry Group PLC <sup>\*</sup> | 99451 | 1505 |
| &nbsp;&nbsp;&nbsp;Burlington Stores Inc <sup>\*</sup> | 404 | 102 |
| &nbsp;&nbsp;&nbsp;CarMax Inc <sup>\*</sup> | 744 | 29 |
| &nbsp;&nbsp;&nbsp;Carnival Corp <sup>\*</sup> | 4654 | 120 |
| &nbsp;&nbsp;&nbsp;Carvana Co, Cl A <sup>\*</sup> | 224 | 84 |
| &nbsp;&nbsp;&nbsp;Cheesecake Factory Inc/The | 1544 | 74 |
| &nbsp;&nbsp;&nbsp;Chipotle Mexican Grill Inc, Cl A <sup>\*</sup> | 4050 | 140 |
| &nbsp;&nbsp;&nbsp;Choice Hotels International Inc | 641 | 58 |
| &nbsp;&nbsp;&nbsp;Columbia Sportswear Co | 602 | 32 |
| &nbsp;&nbsp;&nbsp;Continental AG | 2646 | 197 |
| &nbsp;&nbsp;&nbsp;Coupang Inc, Cl A <sup>\*</sup> | 3716 | 105 |
| &nbsp;&nbsp;&nbsp;Crocs Inc <sup>\*</sup> | 590 | 50 |
| &nbsp;&nbsp;&nbsp;Darden Restaurants Inc | 375 | 67 |
| &nbsp;&nbsp;&nbsp;Deckers Outdoor Corp <sup>\*</sup> | 3426 | 302 |
| &nbsp;&nbsp;&nbsp;Dick's Sporting Goods Inc | 1799 | 372 |
| &nbsp;&nbsp;&nbsp;Dillard's Inc, Cl A | 200 | 134 |
| &nbsp;&nbsp;&nbsp;Dollarama Inc | 10850 | 1556 |
| &nbsp;&nbsp;&nbsp;Domino's Pizza Inc | 173 | 73 |
| &nbsp;&nbsp;&nbsp;DoorDash Inc, Cl A <sup>\*</sup> | 687 | 136 |
| &nbsp;&nbsp;&nbsp;Dorman Products Inc <sup>\*</sup> | 812 | 107 |
| &nbsp;&nbsp;&nbsp;DR Horton Inc | 286 | 45 |
| &nbsp;&nbsp;&nbsp;Duolingo Inc, Cl A <sup>\*</sup> | 223 | 43 |
| &nbsp;&nbsp;&nbsp;eBay Inc | 5427 | 449 |
| &nbsp;&nbsp;&nbsp;Etsy Inc <sup>\*</sup> | 427 | 23 |
| &nbsp;&nbsp;&nbsp;Expedia Group Inc | 485 | 124 |
| &nbsp;&nbsp;&nbsp;Fila Holdings Corp | 33674 | 980 |
| &nbsp;&nbsp;&nbsp;Five Below Inc <sup>\*</sup> | 501 | 83 |
| &nbsp;&nbsp;&nbsp;Floor & Decor Holdings Inc, Cl A <sup>\*</sup> | 974 | 62 |
| &nbsp;&nbsp;&nbsp;Ford Motor Co | 4403 | 58 |
| &nbsp;&nbsp;&nbsp;frontdoor Inc <sup>\*</sup> | 1383 | 75 |
| &nbsp;&nbsp;&nbsp;GameStop Corp, Cl A <sup>\*</sup> | 2780 | 63 |
| &nbsp;&nbsp;&nbsp;Gap Inc/The | 4895 | 132 |
| &nbsp;&nbsp;&nbsp;Garmin Ltd | 363 | 71 |
| &nbsp;&nbsp;&nbsp;General Motors Co | 14570 | 1071 |

---

SEI Catholic Values Trust 1

**SCHEDULE OF INVESTMENTS (Unaudited)** 

November 30, 2025

**Catholic Values Equity Fund**

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value <br> ($ Thousands) |
| **COMMON STOCK<sup>††</sup> (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;Gentex Corp | 2705 | $62 |
| &nbsp;&nbsp;&nbsp;Genuine Parts Co | 393 | 51 |
| &nbsp;&nbsp;&nbsp;Grand Canyon Education Inc <sup>\*</sup> | 215 | 34 |
| &nbsp;&nbsp;&nbsp;Group 1 Automotive | 177 | 71 |
| &nbsp;&nbsp;&nbsp;H&R Block Inc | 2629 | 111 |
| &nbsp;&nbsp;&nbsp;Harley-Davidson Inc | 2089 | 51 |
| &nbsp;&nbsp;&nbsp;Hasbro Inc | 526 | 43 |
| &nbsp;&nbsp;&nbsp;Hilton Worldwide Holdings Inc | 2280 | 650 |
| &nbsp;&nbsp;&nbsp;Home Depot Inc/The | 6276 | 2240 |
| &nbsp;&nbsp;&nbsp;Hyatt Hotels Corp, Cl A | 442 | 73 |
| &nbsp;&nbsp;&nbsp;Installed Building Products Inc | 367 | 98 |
| &nbsp;&nbsp;&nbsp;InterContinental Hotels Group PLC | 4503 | 598 |
| &nbsp;&nbsp;&nbsp;JD Sports Fashion PLC | 705977 | 724 |
| &nbsp;&nbsp;&nbsp;Koito Manufacturing Co Ltd | 4900 | 71 |
| &nbsp;&nbsp;&nbsp;Lear Corp | 8116 | 871 |
| &nbsp;&nbsp;&nbsp;Lennar Corp, Cl A | 540 | 71 |
| &nbsp;&nbsp;&nbsp;Levi Strauss, Cl A | 3610 | 80 |
| &nbsp;&nbsp;&nbsp;Lithia Motors Inc, Cl A | 418 | 133 |
| &nbsp;&nbsp;&nbsp;LKQ Corp | 1209 | 36 |
| &nbsp;&nbsp;&nbsp;Lowe's Cos Inc | 3887 | 942 |
| &nbsp;&nbsp;&nbsp;Lucid Group <sup>\*</sup> | 1107 | 15 |
| &nbsp;&nbsp;&nbsp;Lululemon Athletica Inc <sup>\*</sup> | 285 | 52 |
| &nbsp;&nbsp;&nbsp;LVMH Moet Hennessy Louis Vuitton SE | 2671 | 1975 |
| &nbsp;&nbsp;&nbsp;Macy's Inc | 595 | 13 |
| &nbsp;&nbsp;&nbsp;Magna International Inc | 17925 | 875 |
| &nbsp;&nbsp;&nbsp;Marriott International Inc/MD, Cl A | 4191 | 1277 |
| &nbsp;&nbsp;&nbsp;Mattel Inc <sup>\*</sup> | 910 | 19 |
| &nbsp;&nbsp;&nbsp;McDonald's Corp | 368 | 115 |
| &nbsp;&nbsp;&nbsp;Mohawk Industries Inc <sup>\*</sup> | 721 | 84 |
| &nbsp;&nbsp;&nbsp;Murphy USA Inc | 644 | 248 |
| &nbsp;&nbsp;&nbsp;NIKE Inc, Cl B | 691 | 45 |
| &nbsp;&nbsp;&nbsp;Norwegian Cruise Line Holdings Ltd <sup>\*</sup> | 2379 | 44 |
| &nbsp;&nbsp;&nbsp;NVR Inc <sup>\*</sup> | 8 | 60 |
| &nbsp;&nbsp;&nbsp;Ollie's Bargain Outlet Holdings Inc <sup>\*</sup> | 655 | 81 |
| &nbsp;&nbsp;&nbsp;On Holding, Cl A <sup>\*</sup> | 1470 | 65 |
| &nbsp;&nbsp;&nbsp;O'Reilly Automotive Inc <sup>\*</sup> | 2115 | 215 |
| &nbsp;&nbsp;&nbsp;Penske Automotive Group Inc | 420 | 68 |
| &nbsp;&nbsp;&nbsp;Planet Fitness Inc, Cl A <sup>\*</sup> | 917 | 103 |
| &nbsp;&nbsp;&nbsp;Pool Corp | 3236 | 788 |
| &nbsp;&nbsp;&nbsp;PulteGroup Inc | 48 | 6 |
| &nbsp;&nbsp;&nbsp;PVH Corp | 1066 | 90 |
| &nbsp;&nbsp;&nbsp;Ralph Lauren Corp, Cl A | 847 | 311 |
| &nbsp;&nbsp;&nbsp;Restaurant Brands International Inc | 1172 | 85 |
| &nbsp;&nbsp;&nbsp;RH <sup>\*</sup> | 170 | 27 |
| &nbsp;&nbsp;&nbsp;Rivian Automotive Inc, Cl A <sup>\*</sup> | 4493 | 76 |
| &nbsp;&nbsp;&nbsp;Ross Stores Inc | 3932 | 693 |
| &nbsp;&nbsp;&nbsp;Royal Caribbean Cruises Ltd | 765 | 204 |
| &nbsp;&nbsp;&nbsp;Samsonite International SA | 41100 | 102 |
| &nbsp;&nbsp;&nbsp;Service Corp International/US | 1305 | 104 |
| &nbsp;&nbsp;&nbsp;SharkNinja Inc <sup>\*</sup> | 766 | 75 |
| &nbsp;&nbsp;&nbsp;Shimano Inc | 900 | 95 |
| &nbsp;&nbsp;&nbsp;Sodexo SA | 2663 | 141 |
| &nbsp;&nbsp;&nbsp;Starbucks Corp | 8790 | 766 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value <br> ($ Thousands) |
| **COMMON STOCK<sup>††</sup> (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;Steven Madden Ltd | 2716 | $113 |
| &nbsp;&nbsp;&nbsp;Swatch Group AG/The | 876 | 177 |
| &nbsp;&nbsp;&nbsp;Tapestry Inc | 2532 | 277 |
| &nbsp;&nbsp;&nbsp;Tempur Sealy International Inc | 2754 | 252 |
| &nbsp;&nbsp;&nbsp;Tesla Inc <sup>\*</sup> | 6659 | 2864 |
| &nbsp;&nbsp;&nbsp;Texas Roadhouse Inc, Cl A | 566 | 99 |
| &nbsp;&nbsp;&nbsp;Thor Industries Inc | 624 | 66 |
| &nbsp;&nbsp;&nbsp;TJX Cos Inc/The | 5133 | 780 |
| &nbsp;&nbsp;&nbsp;Toll Brothers Inc | 603 | 84 |
| &nbsp;&nbsp;&nbsp;TopBuild Corp <sup>\*</sup> | 268 | 121 |
| &nbsp;&nbsp;&nbsp;Tractor Supply Co | 7140 | 391 |
| &nbsp;&nbsp;&nbsp;Travel + Leisure Co | 1185 | 81 |
| &nbsp;&nbsp;&nbsp;Ulta Beauty Inc <sup>\*</sup> | 642 | 346 |
| &nbsp;&nbsp;&nbsp;Under Armour Inc, Cl A <sup>\*</sup> | 4708 | 22 |
| &nbsp;&nbsp;&nbsp;Urban Outfitters Inc <sup>\*</sup> | 1035 | 77 |
| &nbsp;&nbsp;&nbsp;Vail Resorts Inc | 213 | 30 |
| &nbsp;&nbsp;&nbsp;Valvoline Inc <sup>\*</sup> | 4681 | 147 |
| &nbsp;&nbsp;&nbsp;VF Corp | 1652 | 29 |
| &nbsp;&nbsp;&nbsp;Viking Holdings <sup>\*</sup> | 1341 | 90 |
| &nbsp;&nbsp;&nbsp;Wayfair Inc, Cl A <sup>\*</sup> | 775 | 86 |
| &nbsp;&nbsp;&nbsp;Wendy's Co/The | 87069 | 736 |
| &nbsp;&nbsp;&nbsp;Whirlpool Corp | 461 | 36 |
| &nbsp;&nbsp;&nbsp;Williams-Sonoma Inc | 1110 | 200 |
| &nbsp;&nbsp;&nbsp;Wingstop Inc | 328 | 87 |
| &nbsp;&nbsp;&nbsp;Wyndham Hotels & Resorts Inc | 874 | 64 |
| &nbsp;&nbsp;&nbsp;Yamaha Corp | 97400 | 675 |
| &nbsp;&nbsp;&nbsp;YETI Holdings Inc <sup>\*</sup> | 1751 | 73 |
| &nbsp;&nbsp;&nbsp;Yum! Brands Inc | 560 | 86 |
|  |  | 40946 |
| **Consumer Staples — 5.4%** |  |  |
| &nbsp;&nbsp;&nbsp;Ambev SA | 105900 | 275 |
| &nbsp;&nbsp;&nbsp;Archer-Daniels-Midland Co | 4487 | 273 |
| &nbsp;&nbsp;&nbsp;Brown-Forman Corp, Cl B | 1103 | 32 |
| &nbsp;&nbsp;&nbsp;Bunge Global SA | 963 | 92 |
| &nbsp;&nbsp;&nbsp;Campbell Soup Co | 5858 | 179 |
| &nbsp;&nbsp;&nbsp;Casey's General Stores Inc | 4962 | 2831 |
| &nbsp;&nbsp;&nbsp;Clorox Co/The | 495 | 53 |
| &nbsp;&nbsp;&nbsp;Coca-Cola Co/The | 9869 | 722 |
| &nbsp;&nbsp;&nbsp;Colgate-Palmolive Co | 7124 | 573 |
| &nbsp;&nbsp;&nbsp;Conagra Brands Inc | 40224 | 718 |
| &nbsp;&nbsp;&nbsp;Constellation Brands Inc, Cl A | 371 | 51 |
| &nbsp;&nbsp;&nbsp;Costco Wholesale Corp | 1481 | 1353 |
| &nbsp;&nbsp;&nbsp;Coty Inc, Cl A <sup>\*</sup> | 5378 | 18 |
| &nbsp;&nbsp;&nbsp;Danone SA | 18057 | 1614 |
| &nbsp;&nbsp;&nbsp;Darling Ingredients Inc <sup>\*</sup> | 1535 | 56 |
| &nbsp;&nbsp;&nbsp;Diageo ADR | 6503 | 596 |
| &nbsp;&nbsp;&nbsp;Diageo PLC | 57339 | 1319 |
| &nbsp;&nbsp;&nbsp;Dollar General Corp | 9157 | 1003 |
| &nbsp;&nbsp;&nbsp;Dollar Tree Inc <sup>\*</sup> | 565 | 63 |
| &nbsp;&nbsp;&nbsp;elf Beauty Inc <sup>\*</sup> | 322 | 25 |
| &nbsp;&nbsp;&nbsp;Estee Lauder Cos Inc/The, Cl A | 422 | 40 |
| &nbsp;&nbsp;&nbsp;Flowers Foods Inc | 2694 | 29 |
| &nbsp;&nbsp;&nbsp;General Mills Inc | 7218 | 342 |

---

2 SEI Catholic Values Trust

**SCHEDULE OF INVESTMENTS (Unaudited)** 

November 30, 2025

**Catholic Values Equity Fund**

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value <br> ($ Thousands) |
| **COMMON STOCK<sup>††</sup> (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;Hershey Co/The | 1957 | $368 |
| &nbsp;&nbsp;&nbsp;Hormel Foods Corp | 2233 | 52 |
| &nbsp;&nbsp;&nbsp;Ingredion Inc | 6376 | 686 |
| &nbsp;&nbsp;&nbsp;J M Smucker Co/The | 3662 | 381 |
| &nbsp;&nbsp;&nbsp;Kellanova | 3231 | 270 |
| &nbsp;&nbsp;&nbsp;Kenvue | 3119 | 54 |
| &nbsp;&nbsp;&nbsp;Keurig Dr Pepper Inc | 1806 | 50 |
| &nbsp;&nbsp;&nbsp;Kimberly-Clark Corp | 2896 | 316 |
| &nbsp;&nbsp;&nbsp;Kraft Heinz Co/The | 1549 | 39 |
| &nbsp;&nbsp;&nbsp;Kroger Co/The | 13931 | 937 |
| &nbsp;&nbsp;&nbsp;Lamb Weston Holdings Inc | 1288 | 76 |
| &nbsp;&nbsp;&nbsp;Lancaster Colony Corp | 634 | 106 |
| &nbsp;&nbsp;&nbsp;LG H&H Co Ltd | 3415 | 643 |
| &nbsp;&nbsp;&nbsp;McCormick & Co Inc/MD | 1882 | 127 |
| &nbsp;&nbsp;&nbsp;MGP Ingredients Inc | 213 | 5 |
| &nbsp;&nbsp;&nbsp;Mondelez International Inc, Cl A | 12061 | 694 |
| &nbsp;&nbsp;&nbsp;PepsiCo Inc | 7683 | 1143 |
| &nbsp;&nbsp;&nbsp;Performance Food Group Co <sup>\*</sup> | 132 | 13 |
| &nbsp;&nbsp;&nbsp;Pernod Ricard SA | 10818 | 975 |
| &nbsp;&nbsp;&nbsp;PriceSmart | 800 | 98 |
| &nbsp;&nbsp;&nbsp;Sysco Corp | 10064 | 767 |
| &nbsp;&nbsp;&nbsp;Target Corp | 1620 | 147 |
| &nbsp;&nbsp;&nbsp;TreeHouse Foods Inc <sup>\*</sup> | 2188 | 52 |
| &nbsp;&nbsp;&nbsp;Tyson Foods Inc, Cl A | 1435 | 83 |
| &nbsp;&nbsp;&nbsp;Unilever PLC <sup>\*</sup> | 31625 | 1911 |
| &nbsp;&nbsp;&nbsp;US Foods Holding Corp <sup>\*</sup> | 1216 | 96 |
| &nbsp;&nbsp;&nbsp;Walmart Inc | 786 | 87 |
|  |  | 22433 |
| **Energy — 3.1%** |  |  |
| &nbsp;&nbsp;&nbsp;Antero Midstream Corp | 5338 | 96 |
| &nbsp;&nbsp;&nbsp;Antero Resources Corp <sup>\*</sup> | 3254 | 119 |
| &nbsp;&nbsp;&nbsp;APA | 4165 | 104 |
| &nbsp;&nbsp;&nbsp;Baker Hughes Co, Cl A | 18464 | 927 |
| &nbsp;&nbsp;&nbsp;BP PLC ADR | 29443 | 1063 |
| &nbsp;&nbsp;&nbsp;BP PLC | 62631 | 376 |
| &nbsp;&nbsp;&nbsp;Cactus Inc, Cl A | 1347 | 58 |
| &nbsp;&nbsp;&nbsp;Canadian Natural Resources Ltd | 30641 | 1035 |
| &nbsp;&nbsp;&nbsp;Cheniere Energy Inc | 3034 | 632 |
| &nbsp;&nbsp;&nbsp;Chesapeake Energy Corp | 709 | 86 |
| &nbsp;&nbsp;&nbsp;Chevron Corp | 7940 | 1200 |
| &nbsp;&nbsp;&nbsp;Chord Energy Corp | 419 | 39 |
| &nbsp;&nbsp;&nbsp;Civitas Resources Inc | 2350 | 69 |
| &nbsp;&nbsp;&nbsp;ConocoPhillips | 8966 | 795 |
| &nbsp;&nbsp;&nbsp;Coterra Energy Inc | 2108 | 57 |
| &nbsp;&nbsp;&nbsp;Devon Energy Corp | 6524 | 242 |
| &nbsp;&nbsp;&nbsp;DHT Holdings | 5938 | 77 |
| &nbsp;&nbsp;&nbsp;Diamondback Energy Inc | 6284 | 959 |
| &nbsp;&nbsp;&nbsp;EOG Resources Inc | 6401 | 690 |
| &nbsp;&nbsp;&nbsp;EQT Corp | 6571 | 400 |
| &nbsp;&nbsp;&nbsp;Expro Group Holdings <sup>\*</sup> | 6950 | 97 |
| &nbsp;&nbsp;&nbsp;Exxon Mobil Corp | 4174 | 484 |
| &nbsp;&nbsp;&nbsp;Halliburton Co | 4010 | 105 |
| &nbsp;&nbsp;&nbsp;HF Sinclair Corp | 1178 | 62 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value <br> ($ Thousands) |
| **COMMON STOCK<sup>††</sup> (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;Kinder Morgan Inc | 19664 | $537 |
| &nbsp;&nbsp;&nbsp;Marathon Petroleum Corp | 2427 | 470 |
| &nbsp;&nbsp;&nbsp;NOV | 5911 | 91 |
| &nbsp;&nbsp;&nbsp;Occidental Petroleum Corp | 1070 | 45 |
| &nbsp;&nbsp;&nbsp;ONEOK Inc | 2578 | 188 |
| &nbsp;&nbsp;&nbsp;Ovintiv Inc | 1218 | 50 |
| &nbsp;&nbsp;&nbsp;Phillips 66 | 680 | 93 |
| &nbsp;&nbsp;&nbsp;Range Resources Corp | 2464 | 97 |
| &nbsp;&nbsp;&nbsp;Schlumberger NV | 6958 | 252 |
| &nbsp;&nbsp;&nbsp;Shell PLC ADR | 6492 | 479 |
| &nbsp;&nbsp;&nbsp;TechnipFMC PLC | 2005 | 91 |
| &nbsp;&nbsp;&nbsp;Teekay Tankers, Cl A | 1258 | 73 |
| &nbsp;&nbsp;&nbsp;Texas Pacific Land Corp | 213 | 184 |
| &nbsp;&nbsp;&nbsp;Valero Energy Corp | 1795 | 317 |
| &nbsp;&nbsp;&nbsp;Viper Energy, Cl A | 1658 | 61 |
| &nbsp;&nbsp;&nbsp;Weatherford International PLC | 569 | 43 |
| &nbsp;&nbsp;&nbsp;Williams Cos Inc/The | 4821 | 294 |
|  |  | 13137 |
| **Financials — 15.8%** |  |  |
| &nbsp;&nbsp;&nbsp;Affiliated Managers Group Inc | 631 | 170 |
| &nbsp;&nbsp;&nbsp;Aflac Inc | 1184 | 131 |
| &nbsp;&nbsp;&nbsp;AGNC Investment Corp <sup>‡</sup> | 2829 | 30 |
| &nbsp;&nbsp;&nbsp;AIA Group Ltd | 293400 | 3056 |
| &nbsp;&nbsp;&nbsp;AIB Group PLC | 161704 | 1664 |
| &nbsp;&nbsp;&nbsp;Allstate Corp/The | 648 | 138 |
| &nbsp;&nbsp;&nbsp;Ally Financial Inc | 2235 | 92 |
| &nbsp;&nbsp;&nbsp;American Express Co | 2128 | 777 |
| &nbsp;&nbsp;&nbsp;American International Group Inc | 1000 | 76 |
| &nbsp;&nbsp;&nbsp;Ameriprise Financial Inc | 2899 | 1321 |
| &nbsp;&nbsp;&nbsp;Annaly Capital Management Inc <sup>‡</sup> | 43682 | 996 |
| &nbsp;&nbsp;&nbsp;Aon PLC, Cl A | 3145 | 1113 |
| &nbsp;&nbsp;&nbsp;Apollo Global Management Inc | 658 | 87 |
| &nbsp;&nbsp;&nbsp;Arch Capital Group Ltd <sup>\*</sup> | 2300 | 216 |
| &nbsp;&nbsp;&nbsp;Ares Management Corp, Cl A | 1251 | 196 |
| &nbsp;&nbsp;&nbsp;Arthur J Gallagher & Co | 272 | 67 |
| &nbsp;&nbsp;&nbsp;Assurant Inc | 485 | 111 |
| &nbsp;&nbsp;&nbsp;Assured Guaranty Ltd | 831 | 75 |
| &nbsp;&nbsp;&nbsp;Axis Capital Holdings Ltd | 1754 | 179 |
| &nbsp;&nbsp;&nbsp;Banco do Brasil SA | 205800 | 868 |
| &nbsp;&nbsp;&nbsp;Bank of America Corp | 46941 | 2518 |
| &nbsp;&nbsp;&nbsp;Bank of New York Mellon Corp/The | 6146 | 689 |
| &nbsp;&nbsp;&nbsp;Bank OZK | 9680 | 445 |
| &nbsp;&nbsp;&nbsp;Berkshire Hathaway Inc, Cl B <sup>\*</sup> | 4179 | 2147 |
| &nbsp;&nbsp;&nbsp;BlackRock Funding Inc/DE | 75 | 79 |
| &nbsp;&nbsp;&nbsp;Blackstone Inc | 1004 | 147 |
| &nbsp;&nbsp;&nbsp;Block Inc, Cl A <sup>\*</sup> | 934 | 62 |
| &nbsp;&nbsp;&nbsp;Blue Owl Capital Inc, Cl A | 3912 | 59 |
| &nbsp;&nbsp;&nbsp;BOK Financial Corp | 794 | 89 |
| &nbsp;&nbsp;&nbsp;Brighthouse Financial Inc <sup>\*</sup> | 1395 | 91 |
| &nbsp;&nbsp;&nbsp;Brookfield Asset Management, Cl A | 1395 | 74 |
| &nbsp;&nbsp;&nbsp;Brown & Brown Inc | 3440 | 277 |
| &nbsp;&nbsp;&nbsp;Capital One Financial Corp | 4718 | 1034 |
| &nbsp;&nbsp;&nbsp;Carlyle Group Inc/The | 1855 | 101 |

---

SEI Catholic Values Trust 3

**SCHEDULE OF INVESTMENTS (Unaudited)** 

November 30, 2025

**Catholic Values Equity Fund**

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value <br> ($ Thousands) |
| **COMMON STOCK<sup>††</sup> (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;Charles Schwab Corp/The | 8887 | $824 |
| &nbsp;&nbsp;&nbsp;Chimera Investment Corp <sup>‡</sup> | 2606 | 33 |
| &nbsp;&nbsp;&nbsp;Chubb Ltd | 1561 | 462 |
| &nbsp;&nbsp;&nbsp;Cincinnati Financial Corp | 726 | 122 |
| &nbsp;&nbsp;&nbsp;Citigroup Inc | 43797 | 4537 |
| &nbsp;&nbsp;&nbsp;Citizens Financial Group Inc | 14083 | 762 |
| &nbsp;&nbsp;&nbsp;City Holding Co | 679 | 82 |
| &nbsp;&nbsp;&nbsp;CME Group Inc, Cl A | 2621 | 738 |
| &nbsp;&nbsp;&nbsp;CNA Financial Corp | 184 | 9 |
| &nbsp;&nbsp;&nbsp;Cohen & Steers Inc | 792 | 50 |
| &nbsp;&nbsp;&nbsp;Columbia Banking System Inc | 2761 | 77 |
| &nbsp;&nbsp;&nbsp;Comerica Inc | 724 | 58 |
| &nbsp;&nbsp;&nbsp;Commerce Bancshares Inc/MO | 1380 | 74 |
| &nbsp;&nbsp;&nbsp;Credit Acceptance Corp <sup>\*</sup> | 209 | 97 |
| &nbsp;&nbsp;&nbsp;Cullen/Frost Bankers Inc | 599 | 74 |
| &nbsp;&nbsp;&nbsp;East West Bancorp Inc | 763 | 81 |
| &nbsp;&nbsp;&nbsp;Equitable Holdings Inc | 4036 | 188 |
| &nbsp;&nbsp;&nbsp;Euronet Worldwide Inc <sup>\*</sup> | 554 | 41 |
| &nbsp;&nbsp;&nbsp;Evercore Inc, Cl A | 786 | 252 |
| &nbsp;&nbsp;&nbsp;Everest Group Ltd | 248 | 78 |
| &nbsp;&nbsp;&nbsp;FactSet Research Systems Inc | 1748 | 485 |
| &nbsp;&nbsp;&nbsp;Fidelity National Financial Inc | 1791 | 106 |
| &nbsp;&nbsp;&nbsp;Fidelity National Information Services Inc | 613 | 40 |
| &nbsp;&nbsp;&nbsp;Fifth Third Bancorp | 1877 | 82 |
| &nbsp;&nbsp;&nbsp;First American Financial Corp | 1122 | 74 |
| &nbsp;&nbsp;&nbsp;First Citizens BancShares Inc/NC, Cl A | 16 | 30 |
| &nbsp;&nbsp;&nbsp;First Hawaiian Inc | 1924 | 48 |
| &nbsp;&nbsp;&nbsp;First Horizon Corp | 10810 | 242 |
| &nbsp;&nbsp;&nbsp;First Interstate BancSystem Inc, Cl A | 2479 | 81 |
| &nbsp;&nbsp;&nbsp;Fiserv Inc <sup>\*</sup> | 689 | 42 |
| &nbsp;&nbsp;&nbsp;FNB Corp/PA | 6290 | 105 |
| &nbsp;&nbsp;&nbsp;Franklin Resources Inc | 1707 | 39 |
| &nbsp;&nbsp;&nbsp;Gjensidige Forsikring ASA | 4629 | 130 |
| &nbsp;&nbsp;&nbsp;Global Payments Inc | 11896 | 901 |
| &nbsp;&nbsp;&nbsp;Globe Life Inc | 573 | 77 |
| &nbsp;&nbsp;&nbsp;Goldman Sachs Group Inc/The | 659 | 544 |
| &nbsp;&nbsp;&nbsp;Hamilton Lane Inc, Cl A | 445 | 55 |
| &nbsp;&nbsp;&nbsp;Hanover Insurance Group Inc/The | 1089 | 202 |
| &nbsp;&nbsp;&nbsp;Hartford Financial Services Group Inc/The | 4339 | 595 |
| &nbsp;&nbsp;&nbsp;HDFC Bank Ltd ADR | 13408 | 494 |
| &nbsp;&nbsp;&nbsp;Home BancShares Inc/AR | 2656 | 75 |
| &nbsp;&nbsp;&nbsp;Hong Kong Exchanges & Clearing Ltd | 16300 | 867 |
| &nbsp;&nbsp;&nbsp;Houlihan Lokey Inc, Cl A | 392 | 69 |
| &nbsp;&nbsp;&nbsp;Huntington Bancshares Inc/OH | 11006 | 179 |
| &nbsp;&nbsp;&nbsp;Independent Bank Corp | 1149 | 83 |
| &nbsp;&nbsp;&nbsp;Intercontinental Exchange Inc | 468 | 74 |
| &nbsp;&nbsp;&nbsp;Invesco Ltd | 3179 | 78 |
| &nbsp;&nbsp;&nbsp;Jack Henry & Associates Inc | 408 | 71 |
| &nbsp;&nbsp;&nbsp;Jackson Financial, Cl A | 842 | 83 |
| &nbsp;&nbsp;&nbsp;Janus Henderson Group PLC | 2562 | 112 |
| &nbsp;&nbsp;&nbsp;Jefferies Financial Group Inc | 2802 | 161 |
| &nbsp;&nbsp;&nbsp;JPMorgan Chase & Co | 14941 | 4678 |
| &nbsp;&nbsp;&nbsp;KeyCorp | 3317 | 61 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value <br> ($ Thousands) |
| **COMMON STOCK<sup>††</sup> (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;Kinsale Capital Group Inc | 1162 | $447 |
| &nbsp;&nbsp;&nbsp;KKR & Co Inc, Cl A | 2511 | 307 |
| &nbsp;&nbsp;&nbsp;Lincoln National Corp | 1943 | 80 |
| &nbsp;&nbsp;&nbsp;London Stock Exchange Group PLC | 4852 | 572 |
| &nbsp;&nbsp;&nbsp;LPL Financial Holdings Inc | 709 | 252 |
| &nbsp;&nbsp;&nbsp;M&T Bank Corp | 1365 | 260 |
| &nbsp;&nbsp;&nbsp;MarketAxess Holdings Inc | 311 | 51 |
| &nbsp;&nbsp;&nbsp;Marsh & McLennan Cos Inc | 4033 | 740 |
| &nbsp;&nbsp;&nbsp;Mastercard Inc, Cl A | 2111 | 1162 |
| &nbsp;&nbsp;&nbsp;MetLife Inc | 4026 | 308 |
| &nbsp;&nbsp;&nbsp;MGIC Investment Corp | 7078 | 201 |
| &nbsp;&nbsp;&nbsp;Moody's Corp | 1812 | 889 |
| &nbsp;&nbsp;&nbsp;Morgan Stanley | 21332 | 3619 |
| &nbsp;&nbsp;&nbsp;Morningstar Inc | 253 | 54 |
| &nbsp;&nbsp;&nbsp;MSCI Inc, Cl A | 2114 | 1192 |
| &nbsp;&nbsp;&nbsp;Nasdaq Inc | 1761 | 160 |
| &nbsp;&nbsp;&nbsp;National Bank Holdings Corp, Cl A | 2089 | 78 |
| &nbsp;&nbsp;&nbsp;NMI Holdings Inc, Cl A <sup>\*</sup> | 2141 | 82 |
| &nbsp;&nbsp;&nbsp;Northern Trust Corp | 2012 | 264 |
| &nbsp;&nbsp;&nbsp;NU Holdings Ltd/Cayman Islands, Cl A <sup>\*</sup> | 8157 | 142 |
| &nbsp;&nbsp;&nbsp;Old National Bancorp/IN | 5074 | 110 |
| &nbsp;&nbsp;&nbsp;Old Republic International Corp | 2551 | 118 |
| &nbsp;&nbsp;&nbsp;Omega Healthcare Investors <sup>‡</sup> | 1910 | 88 |
| &nbsp;&nbsp;&nbsp;OneMain Holdings Inc, Cl A | 1860 | 115 |
| &nbsp;&nbsp;&nbsp;Partners Group Holding AG | 1085 | 1288 |
| &nbsp;&nbsp;&nbsp;PayPal Holdings Inc | 1175 | 74 |
| &nbsp;&nbsp;&nbsp;Pinnacle Financial Partners Inc | 937 | 86 |
| &nbsp;&nbsp;&nbsp;PNC Financial Services Group Inc/The | 2121 | 405 |
| &nbsp;&nbsp;&nbsp;Popular Inc | 6949 | 797 |
| &nbsp;&nbsp;&nbsp;Primerica Inc | 683 | 176 |
| &nbsp;&nbsp;&nbsp;Principal Financial Group Inc | 1152 | 98 |
| &nbsp;&nbsp;&nbsp;Progressive Corp/The | 3512 | 804 |
| &nbsp;&nbsp;&nbsp;Prosperity Bancshares Inc | 1900 | 131 |
| &nbsp;&nbsp;&nbsp;Prudential Financial Inc | 1184 | 128 |
| &nbsp;&nbsp;&nbsp;Raymond James Financial Inc | 477 | 75 |
| &nbsp;&nbsp;&nbsp;Regions Financial Corp | 5506 | 140 |
| &nbsp;&nbsp;&nbsp;Reinsurance Group of America Inc | 1 |  |
| &nbsp;&nbsp;&nbsp;RenaissanceRe Holdings Ltd | 345 | 90 |
| &nbsp;&nbsp;&nbsp;Rithm Capital Corp <sup>‡</sup> | 6833 | 79 |
| &nbsp;&nbsp;&nbsp;Robinhood Markets Inc, Cl A <sup>\*</sup> | 3099 | 398 |
| &nbsp;&nbsp;&nbsp;Rocket Cos Inc, Cl A | 3810 | 76 |
| &nbsp;&nbsp;&nbsp;S&P Global Inc | 1983 | 989 |
| &nbsp;&nbsp;&nbsp;SLM Corp | 12309 | 361 |
| &nbsp;&nbsp;&nbsp;SoFi Technologies Inc <sup>\*</sup> | 7540 | 224 |
| &nbsp;&nbsp;&nbsp;Starwood Property Trust Inc <sup>‡</sup> | 4020 | 74 |
| &nbsp;&nbsp;&nbsp;State Street Corp | 8055 | 959 |
| &nbsp;&nbsp;&nbsp;Stifel Financial Corp | 701 | 86 |
| &nbsp;&nbsp;&nbsp;Synchrony Financial | 2944 | 228 |
| &nbsp;&nbsp;&nbsp;Synovus Financial Corp | 5299 | 255 |
| &nbsp;&nbsp;&nbsp;T Rowe Price Group Inc | 674 | 69 |
| &nbsp;&nbsp;&nbsp;TPG Inc, Cl A | 2239 | 132 |
| &nbsp;&nbsp;&nbsp;Tradeweb Markets Inc, Cl A | 874 | 95 |
| &nbsp;&nbsp;&nbsp;Travelers Cos Inc/The | 433 | 127 |

---

4 SEI Catholic Values Trust

**SCHEDULE OF INVESTMENTS (Unaudited)** 

November 30, 2025

**Catholic Values Equity Fund**

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value <br> ($ Thousands) |
| **COMMON STOCK<sup>††</sup> (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;Truist Financial Corp | 2659 | $124 |
| &nbsp;&nbsp;&nbsp;Univest Financial Corp | 3376 | 107 |
| &nbsp;&nbsp;&nbsp;Unum Group | 3649 | 277 |
| &nbsp;&nbsp;&nbsp;US Bancorp | 1600 | 78 |
| &nbsp;&nbsp;&nbsp;UWM Holdings Corp | 11185 | 65 |
| &nbsp;&nbsp;&nbsp;Virtu Financial Inc, Cl A | 2166 | 77 |
| &nbsp;&nbsp;&nbsp;Visa Inc, Cl A | 12625 | 4222 |
| &nbsp;&nbsp;&nbsp;Voya Financial Inc | 930 | 65 |
| &nbsp;&nbsp;&nbsp;W R Berkley Corp | 2109 | 164 |
| &nbsp;&nbsp;&nbsp;Webster Financial Corp | 5867 | 350 |
| &nbsp;&nbsp;&nbsp;Wells Fargo & Co | 7203 | 618 |
| &nbsp;&nbsp;&nbsp;Westamerica BanCorp | 1484 | 71 |
| &nbsp;&nbsp;&nbsp;Western Alliance Bancorp | 2780 | 227 |
| &nbsp;&nbsp;&nbsp;Western Union Co/The | 12682 | 111 |
| &nbsp;&nbsp;&nbsp;WEX Inc <sup>\*</sup> | 324 | 48 |
| &nbsp;&nbsp;&nbsp;White Mountains Insurance Group Ltd | 78 | 158 |
| &nbsp;&nbsp;&nbsp;Willis Towers Watson PLC | 1893 | 608 |
| &nbsp;&nbsp;&nbsp;Wintrust Financial Corp | 705 | 94 |
| &nbsp;&nbsp;&nbsp;XP Inc, Cl A | 17472 | 344 |
| &nbsp;&nbsp;&nbsp;Zions Bancorp NA | 1209 | 64 |
|  |  | 66384 |
| **Health Care — 8.4%** |  |  |
| &nbsp;&nbsp;&nbsp;Acadia Healthcare Co Inc <sup>\*</sup> | 4280 | 74 |
| &nbsp;&nbsp;&nbsp;Align Technology Inc <sup>\*</sup> | 210 | 31 |
| &nbsp;&nbsp;&nbsp;Apellis Pharmaceuticals Inc <sup>\*</sup> | 1267 | 27 |
| &nbsp;&nbsp;&nbsp;Argenx <sup>\*</sup> | 1074 | 979 |
| &nbsp;&nbsp;&nbsp;Avantor Inc <sup>\*</sup> | 2706 | 32 |
| &nbsp;&nbsp;&nbsp;Baxter International Inc | 11232 | 210 |
| &nbsp;&nbsp;&nbsp;Boston Scientific Corp <sup>\*</sup> | 9476 | 963 |
| &nbsp;&nbsp;&nbsp;Cardinal Health Inc | 3870 | 821 |
| &nbsp;&nbsp;&nbsp;Cencora Inc, Cl A | 4707 | 1737 |
| &nbsp;&nbsp;&nbsp;Centene Corp <sup>\*</sup> | 1245 | 49 |
| &nbsp;&nbsp;&nbsp;Certara Inc <sup>\*</sup> | 1816 | 17 |
| &nbsp;&nbsp;&nbsp;Chemed Corp | 108 | 47 |
| &nbsp;&nbsp;&nbsp;Cigna Group | 269 | 75 |
| &nbsp;&nbsp;&nbsp;Coloplast A/S, Cl B | 9615 | 868 |
| &nbsp;&nbsp;&nbsp;CVS Health Corp | 26983 | 2168 |
| &nbsp;&nbsp;&nbsp;DENTSPLY SIRONA Inc | 54192 | 615 |
| &nbsp;&nbsp;&nbsp;Dexcom Inc <sup>\*</sup> | 5879 | 373 |
| &nbsp;&nbsp;&nbsp;Doximity Inc, Cl A <sup>\*</sup> | 19 | 1 |
| &nbsp;&nbsp;&nbsp;Edwards Lifesciences Corp <sup>\*</sup> | 8452 | 733 |
| &nbsp;&nbsp;&nbsp;Elanco Animal Health Inc <sup>\*</sup> | 39539 | 920 |
| &nbsp;&nbsp;&nbsp;Elevance Health Inc | 1721 | 582 |
| &nbsp;&nbsp;&nbsp;Encompass Health Corp | 7346 | 854 |
| &nbsp;&nbsp;&nbsp;Ensign Group Inc/The | 480 | 89 |
| &nbsp;&nbsp;&nbsp;Envista Holdings Corp <sup>\*</sup> | 21480 | 449 |
| &nbsp;&nbsp;&nbsp;EssilorLuxottica SA | 4021 | 1442 |
| &nbsp;&nbsp;&nbsp;Exact Sciences Corp <sup>\*</sup> | 2022 | 205 |
| &nbsp;&nbsp;&nbsp;Exelixis Inc <sup>\*</sup> | 13403 | 592 |
| &nbsp;&nbsp;&nbsp;Globus Medical Inc, Cl A <sup>\*</sup> | 1245 | 113 |
| &nbsp;&nbsp;&nbsp;Halozyme Therapeutics <sup>\*</sup> | 1463 | 104 |
| &nbsp;&nbsp;&nbsp;Henry Schein Inc <sup>\*</sup> | 931 | 69 |
| &nbsp;&nbsp;&nbsp;Hologic Inc <sup>\*</sup> | 1306 | 98 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value <br> ($ Thousands) |
| **COMMON STOCK<sup>††</sup> (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;Hoya Corp | 11200 | $1684 |
| &nbsp;&nbsp;&nbsp;Humana Inc | 514 | 126 |
| &nbsp;&nbsp;&nbsp;ICON PLC <sup>\*</sup> | 384 | 71 |
| &nbsp;&nbsp;&nbsp;IDEXX Laboratories Inc <sup>\*</sup> | 1359 | 1023 |
| &nbsp;&nbsp;&nbsp;Incyte Corp <sup>\*</sup> | 7222 | 754 |
| &nbsp;&nbsp;&nbsp;Insulet Corp <sup>\*</sup> | 385 | 126 |
| &nbsp;&nbsp;&nbsp;Integra LifeSciences Holdings Corp <sup>\*</sup> | 64998 | 853 |
| &nbsp;&nbsp;&nbsp;Intuitive Surgical Inc <sup>\*</sup> | 1937 | 1111 |
| &nbsp;&nbsp;&nbsp;Ionis Pharmaceuticals Inc <sup>\*</sup> | 1566 | 130 |
| &nbsp;&nbsp;&nbsp;IQVIA Holdings Inc <sup>\*</sup> | 267 | 61 |
| &nbsp;&nbsp;&nbsp;Jazz Pharmaceuticals PLC <sup>\*</sup> | 4950 | 874 |
| &nbsp;&nbsp;&nbsp;Labcorp Holdings Inc | 288 | 77 |
| &nbsp;&nbsp;&nbsp;LeMaitre Vascular Inc | 1045 | 87 |
| &nbsp;&nbsp;&nbsp;M3 Inc | 11900 | 197 |
| &nbsp;&nbsp;&nbsp;Masimo Corp <sup>\*</sup> | 645 | 92 |
| &nbsp;&nbsp;&nbsp;Medpace Holdings Inc <sup>\*</sup> | 143 | 85 |
| &nbsp;&nbsp;&nbsp;Medtronic PLC | 15049 | 1585 |
| &nbsp;&nbsp;&nbsp;Mettler-Toledo International Inc <sup>\*</sup> | 631 | 932 |
| &nbsp;&nbsp;&nbsp;Molina Healthcare Inc <sup>\*</sup> | 1 |  |
| &nbsp;&nbsp;&nbsp;Natera Inc <sup>\*</sup> | 466 | 111 |
| &nbsp;&nbsp;&nbsp;Neurocrine Biosciences Inc <sup>\*</sup> | 4676 | 712 |
| &nbsp;&nbsp;&nbsp;Option Care Health Inc <sup>\*</sup> | 2507 | 78 |
| &nbsp;&nbsp;&nbsp;Penumbra Inc <sup>\*</sup> | 330 | 97 |
| &nbsp;&nbsp;&nbsp;Prestige Consumer Healthcare Inc <sup>\*</sup> | 14563 | 867 |
| &nbsp;&nbsp;&nbsp;Quest Diagnostics Inc | 2735 | 517 |
| &nbsp;&nbsp;&nbsp;QuidelOrtho Corp <sup>\*</sup> | 738 | 20 |
| &nbsp;&nbsp;&nbsp;Repligen Corp <sup>\*</sup> | 2688 | 460 |
| &nbsp;&nbsp;&nbsp;ResMed Inc | 2818 | 721 |
| &nbsp;&nbsp;&nbsp;Royalty Pharma PLC, Cl A | 3976 | 159 |
| &nbsp;&nbsp;&nbsp;Sotera Health Co <sup>\*</sup> | 5022 | 88 |
| &nbsp;&nbsp;&nbsp;STERIS PLC | 6431 | 1712 |
| &nbsp;&nbsp;&nbsp;Stryker Corp | 2405 | 893 |
| &nbsp;&nbsp;&nbsp;Teleflex Inc | 1029 | 118 |
| &nbsp;&nbsp;&nbsp;US Physical Therapy Inc | 80 | 6 |
| &nbsp;&nbsp;&nbsp;Veeva Systems Inc, Cl A <sup>\*</sup> | 1171 | 281 |
| &nbsp;&nbsp;&nbsp;Viking Therapeutics Inc <sup>\*</sup> | 1379 | 51 |
| &nbsp;&nbsp;&nbsp;Waters Corp <sup>\*</sup> | 2325 | 938 |
| &nbsp;&nbsp;&nbsp;West Pharmaceutical Services Inc | 236 | 65 |
| &nbsp;&nbsp;&nbsp;Zimmer Biomet Holdings Inc | 5327 | 520 |
| &nbsp;&nbsp;&nbsp;Zoetis Inc, Cl A | 12964 | 1662 |
|  |  | 35281 |
| **Industrials — 12.6%** |  |  |
| &nbsp;&nbsp;&nbsp;A O Smith Corp | 943 | 62 |
| &nbsp;&nbsp;&nbsp;AAON Inc | 809 | 76 |
| &nbsp;&nbsp;&nbsp;Acuity Brands Inc | 561 | 206 |
| &nbsp;&nbsp;&nbsp;AECOM | 1218 | 126 |
| &nbsp;&nbsp;&nbsp;AerCap Holdings NV | 13116 | 1758 |
| &nbsp;&nbsp;&nbsp;AGCO Corp | 675 | 72 |
| &nbsp;&nbsp;&nbsp;Air Lease Corp, Cl A | 6874 | 439 |
| &nbsp;&nbsp;&nbsp;Alaska Air Group Inc <sup>\*</sup> | 2479 | 106 |
| &nbsp;&nbsp;&nbsp;Allegion plc | 536 | 89 |
| &nbsp;&nbsp;&nbsp;Allison Transmission Holdings Inc | 652 | 58 |
| &nbsp;&nbsp;&nbsp;American Airlines Group Inc <sup>\*</sup> | 4404 | 62 |

---

SEI Catholic Values Trust 5

**SCHEDULE OF INVESTMENTS (Unaudited)** 

November 30, 2025

**Catholic Values Equity Fund**

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value <br> ($ Thousands) |
| **COMMON STOCK<sup>††</sup> (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;AMETEK Inc | 392 | $78 |
| &nbsp;&nbsp;&nbsp;AP Moller - Maersk A/S, Cl B | 917 | 1835 |
| &nbsp;&nbsp;&nbsp;Applied Industrial Technologies | 331 | 86 |
| &nbsp;&nbsp;&nbsp;Armstrong World Industries Inc | 1080 | 205 |
| &nbsp;&nbsp;&nbsp;Assa Abloy AB, Cl B | 45170 | 1720 |
| &nbsp;&nbsp;&nbsp;Automatic Data Processing Inc | 7280 | 1859 |
| &nbsp;&nbsp;&nbsp;Avis Budget Group Inc <sup>\*</sup> | 323 | 44 |
| &nbsp;&nbsp;&nbsp;Booz Allen Hamilton Holding Corp, Cl A | 7122 | 594 |
| &nbsp;&nbsp;&nbsp;Broadridge Financial Solutions Inc | 381 | 87 |
| &nbsp;&nbsp;&nbsp;CACI International Inc, Cl A <sup>\*</sup> | 373 | 230 |
| &nbsp;&nbsp;&nbsp;Carlisle Cos Inc | 402 | 128 |
| &nbsp;&nbsp;&nbsp;Carrier Global Corp | 2640 | 145 |
| &nbsp;&nbsp;&nbsp;Caterpillar Inc | 256 | 147 |
| &nbsp;&nbsp;&nbsp;CH Robinson Worldwide Inc | 994 | 158 |
| &nbsp;&nbsp;&nbsp;Cintas Corp | 7452 | 1386 |
| &nbsp;&nbsp;&nbsp;Clarivate PLC <sup>\*</sup> | 9578 | 36 |
| &nbsp;&nbsp;&nbsp;Clean Harbors Inc <sup>\*</sup> | 334 | 76 |
| &nbsp;&nbsp;&nbsp;CNH Industrial NV | 58813 | 555 |
| &nbsp;&nbsp;&nbsp;Comfort Systems USA Inc | 222 | 217 |
| &nbsp;&nbsp;&nbsp;Computershare Ltd | 12046 | 283 |
| &nbsp;&nbsp;&nbsp;Concentrix Corp | 404 | 15 |
| &nbsp;&nbsp;&nbsp;Copart Inc <sup>\*</sup> | 3236 | 126 |
| &nbsp;&nbsp;&nbsp;Core & Main Inc, Cl A <sup>\*</sup> | 1847 | 89 |
| &nbsp;&nbsp;&nbsp;CSX Corp | 4524 | 160 |
| &nbsp;&nbsp;&nbsp;Cummins Inc | 1667 | 830 |
| &nbsp;&nbsp;&nbsp;Dayforce Inc <sup>\*</sup> | 1194 | 82 |
| &nbsp;&nbsp;&nbsp;Deere & Co | 1975 | 917 |
| &nbsp;&nbsp;&nbsp;Delta Air Lines Inc | 3093 | 198 |
| &nbsp;&nbsp;&nbsp;Diploma PLC | 8463 | 614 |
| &nbsp;&nbsp;&nbsp;Donaldson Co Inc | 397 | 36 |
| &nbsp;&nbsp;&nbsp;Doosan Bobcat Inc | 5222 | 197 |
| &nbsp;&nbsp;&nbsp;Dover Corp | 1366 | 253 |
| &nbsp;&nbsp;&nbsp;Eaton Corp PLC | 2813 | 973 |
| &nbsp;&nbsp;&nbsp;EMCOR Group Inc | 908 | 558 |
| &nbsp;&nbsp;&nbsp;Emerson Electric Co | 1607 | 214 |
| &nbsp;&nbsp;&nbsp;Enerpac Tool Group Corp, Cl A | 21326 | 808 |
| &nbsp;&nbsp;&nbsp;Enpro Inc | 439 | 98 |
| &nbsp;&nbsp;&nbsp;Enviri Corp <sup>\*</sup> | 59545 | 1092 |
| &nbsp;&nbsp;&nbsp;Everus Construction Group <sup>\*</sup> | 541 | 50 |
| &nbsp;&nbsp;&nbsp;ExlService Holdings Inc <sup>\*</sup> | 5410 | 215 |
| &nbsp;&nbsp;&nbsp;Expeditors International of Washington Inc | 896 | 132 |
| &nbsp;&nbsp;&nbsp;Experian PLC | 34322 | 1510 |
| &nbsp;&nbsp;&nbsp;Fastenal Co | 2256 | 91 |
| &nbsp;&nbsp;&nbsp;FedEx Corp | 2248 | 620 |
| &nbsp;&nbsp;&nbsp;Ferguson Enterprises Inc | 409 | 103 |
| &nbsp;&nbsp;&nbsp;Flowserve Corp | 1306 | 93 |
| &nbsp;&nbsp;&nbsp;Fortive Corp | 627 | 34 |
| &nbsp;&nbsp;&nbsp;Fortune Brands Innovations Inc | 945 | 49 |
| &nbsp;&nbsp;&nbsp;FTI Consulting Inc <sup>\*</sup> | 918 | 150 |
| &nbsp;&nbsp;&nbsp;Gates Industrial Corp PLC <sup>\*</sup> | 5238 | 119 |
| &nbsp;&nbsp;&nbsp;GE Vernova | 152 | 91 |
| &nbsp;&nbsp;&nbsp;Generac Holdings Inc <sup>\*</sup> | 427 | 65 |
| &nbsp;&nbsp;&nbsp;Genpact Ltd | 15156 | 668 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value <br> ($ Thousands) |
| **COMMON STOCK<sup>††</sup> (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;GFL Environmental Inc | 1503 | $68 |
| &nbsp;&nbsp;&nbsp;Graco Inc | 401 | 33 |
| &nbsp;&nbsp;&nbsp;GXO Logistics Inc <sup>\*</sup> | 1412 | 72 |
| &nbsp;&nbsp;&nbsp;Hayward Holdings Inc <sup>\*</sup> | 5405 | 89 |
| &nbsp;&nbsp;&nbsp;HEICO Corp | 12 | 4 |
| &nbsp;&nbsp;&nbsp;HEICO Corp, Cl A | 262 | 65 |
| &nbsp;&nbsp;&nbsp;Hexcel Corp | 889 | 68 |
| &nbsp;&nbsp;&nbsp;Howmet Aerospace Inc | 2891 | 591 |
| &nbsp;&nbsp;&nbsp;Hubbell Inc, Cl B | 100 | 43 |
| &nbsp;&nbsp;&nbsp;Huron Consulting Group Inc <sup>\*</sup> | 270 | 44 |
| &nbsp;&nbsp;&nbsp;IDEX Corp | 425 | 74 |
| &nbsp;&nbsp;&nbsp;Illinois Tool Works Inc | 3263 | 813 |
| &nbsp;&nbsp;&nbsp;IMCD NV | 459 | 41 |
| &nbsp;&nbsp;&nbsp;Ingersoll Rand Inc | 1197 | 96 |
| &nbsp;&nbsp;&nbsp;ITT Inc | 1117 | 206 |
| &nbsp;&nbsp;&nbsp;Jacobs Solutions | 563 | 76 |
| &nbsp;&nbsp;&nbsp;JB Hunt Transport Services Inc | 477 | 83 |
| &nbsp;&nbsp;&nbsp;Johnson Controls International plc | 9066 | 1054 |
| &nbsp;&nbsp;&nbsp;KBR | 1312 | 54 |
| &nbsp;&nbsp;&nbsp;Kirby Corp <sup>\*</sup> | 2029 | 230 |
| &nbsp;&nbsp;&nbsp;Knight-Swift Transportation Holdings Inc, Cl A | 1117 | 51 |
| &nbsp;&nbsp;&nbsp;Korn Ferry | 1643 | 108 |
| &nbsp;&nbsp;&nbsp;Landstar System Inc | 336 | 44 |
| &nbsp;&nbsp;&nbsp;Lennox International Inc | 194 | 97 |
| &nbsp;&nbsp;&nbsp;LG Corp | 1480 | 80 |
| &nbsp;&nbsp;&nbsp;Lincoln Electric Holdings Inc | 809 | 194 |
| &nbsp;&nbsp;&nbsp;Lyft Inc, Cl A <sup>\*</sup> | 1618 | 34 |
| &nbsp;&nbsp;&nbsp;ManpowerGroup Inc | 2236 | 64 |
| &nbsp;&nbsp;&nbsp;Masco Corp | 1109 | 72 |
| &nbsp;&nbsp;&nbsp;MasTec Inc <sup>\*</sup> | 492 | 105 |
| &nbsp;&nbsp;&nbsp;Middleby Corp/The <sup>\*</sup> | 535 | 63 |
| &nbsp;&nbsp;&nbsp;MSA Safety Inc | 401 | 65 |
| &nbsp;&nbsp;&nbsp;MSC Industrial Direct Co Inc, Cl A | 5596 | 498 |
| &nbsp;&nbsp;&nbsp;Mueller Industries | 970 | 107 |
| &nbsp;&nbsp;&nbsp;Nordson Corp | 843 | 200 |
| &nbsp;&nbsp;&nbsp;Norfolk Southern Corp | 420 | 123 |
| &nbsp;&nbsp;&nbsp;nVent Electric PLC | 2436 | 261 |
| &nbsp;&nbsp;&nbsp;Old Dominion Freight Line Inc | 3432 | 464 |
| &nbsp;&nbsp;&nbsp;Oshkosh Corp | 1137 | 146 |
| &nbsp;&nbsp;&nbsp;Otis Worldwide Corp | 7693 | 684 |
| &nbsp;&nbsp;&nbsp;Owens Corning | 445 | 50 |
| &nbsp;&nbsp;&nbsp;PACCAR Inc | 689 | 73 |
| &nbsp;&nbsp;&nbsp;Parker-Hannifin Corp | 128 | 110 |
| &nbsp;&nbsp;&nbsp;Paychex Inc | 550 | 61 |
| &nbsp;&nbsp;&nbsp;Paycom Software Inc | 217 | 35 |
| &nbsp;&nbsp;&nbsp;Paylocity Holding Corp <sup>\*</sup> | 467 | 69 |
| &nbsp;&nbsp;&nbsp;Pentair PLC | 793 | 83 |
| &nbsp;&nbsp;&nbsp;Quanta Services Inc | 191 | 89 |
| &nbsp;&nbsp;&nbsp;Ralliant | 209 | 10 |
| &nbsp;&nbsp;&nbsp;Rational | 194 | 145 |
| &nbsp;&nbsp;&nbsp;RB Global Inc | 1099 | 108 |
| &nbsp;&nbsp;&nbsp;Recruit Holdings Co Ltd | 30600 | 1567 |

---

6 SEI Catholic Values Trust

**SCHEDULE OF INVESTMENTS (Unaudited)** 

November 30, 2025

**Catholic Values Equity Fund**

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value <br> ($ Thousands) |
| **COMMON STOCK<sup>††</sup> (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;Regal Rexnord Corp | 1779 | $260 |
| &nbsp;&nbsp;&nbsp;RELX PLC | 41847 | 1682 |
| &nbsp;&nbsp;&nbsp;Republic Services Inc, Cl A | 700 | 152 |
| &nbsp;&nbsp;&nbsp;Robert Half Inc | 3426 | 93 |
| &nbsp;&nbsp;&nbsp;Rockwell Automation Inc | 1053 | 417 |
| &nbsp;&nbsp;&nbsp;Rollins Inc | 2023 | 124 |
| &nbsp;&nbsp;&nbsp;Ryder System Inc | 2375 | 411 |
| &nbsp;&nbsp;&nbsp;Saia Inc <sup>\*</sup> | 191 | 54 |
| &nbsp;&nbsp;&nbsp;Schneider National Inc, Cl B | 2470 | 56 |
| &nbsp;&nbsp;&nbsp;Science Applications International Corp | 487 | 42 |
| &nbsp;&nbsp;&nbsp;Sensata Technologies Holding PLC | 19657 | 630 |
| &nbsp;&nbsp;&nbsp;Signify NV | 61205 | 1450 |
| &nbsp;&nbsp;&nbsp;Simpson Manufacturing Co Inc | 408 | 68 |
| &nbsp;&nbsp;&nbsp;SiteOne Landscape Supply Inc <sup>\*</sup> | 487 | 65 |
| &nbsp;&nbsp;&nbsp;SMS Co Ltd | 7300 | 64 |
| &nbsp;&nbsp;&nbsp;Snap-on Inc | 234 | 80 |
| &nbsp;&nbsp;&nbsp;Societe BIC SA | 942 | 54 |
| &nbsp;&nbsp;&nbsp;Southwest Airlines Co | 1122 | 39 |
| &nbsp;&nbsp;&nbsp;SS&C Technologies Holdings Inc | 1126 | 97 |
| &nbsp;&nbsp;&nbsp;Standex International Corp | 1819 | 446 |
| &nbsp;&nbsp;&nbsp;Stanley Black & Decker Inc | 3000 | 215 |
| &nbsp;&nbsp;&nbsp;Swire Pacific Ltd, Cl A | 9000 | 77 |
| &nbsp;&nbsp;&nbsp;Teleperformance | 19764 | 1361 |
| &nbsp;&nbsp;&nbsp;Tetra Tech Inc | 6340 | 220 |
| &nbsp;&nbsp;&nbsp;Timken Co/The | 1209 | 98 |
| &nbsp;&nbsp;&nbsp;Toro Co/The | 721 | 50 |
| &nbsp;&nbsp;&nbsp;Toromont Industries Ltd | 8595 | 1007 |
| &nbsp;&nbsp;&nbsp;Trane Technologies PLC | 2366 | 997 |
| &nbsp;&nbsp;&nbsp;TransDigm Group Inc | 58 | 79 |
| &nbsp;&nbsp;&nbsp;TransUnion | 974 | 83 |
| &nbsp;&nbsp;&nbsp;Trex Co Inc <sup>\*</sup> | 956 | 33 |
| &nbsp;&nbsp;&nbsp;Uber Technologies Inc <sup>\*</sup> | 4045 | 354 |
| &nbsp;&nbsp;&nbsp;UniFirst Corp/MA | 449 | 77 |
| &nbsp;&nbsp;&nbsp;Union Pacific Corp | 3457 | 801 |
| &nbsp;&nbsp;&nbsp;United Airlines Holdings Inc <sup>\*</sup> | 1164 | 119 |
| &nbsp;&nbsp;&nbsp;United Parcel Service Inc, Cl B | 5859 | 561 |
| &nbsp;&nbsp;&nbsp;United Rentals Inc | 308 | 251 |
| &nbsp;&nbsp;&nbsp;Valmont Industries Inc | 935 | 386 |
| &nbsp;&nbsp;&nbsp;VAT Group AG | 141 | 62 |
| &nbsp;&nbsp;&nbsp;Veralto | 714 | 72 |
| &nbsp;&nbsp;&nbsp;Verisk Analytics Inc, Cl A | 474 | 107 |
| &nbsp;&nbsp;&nbsp;Vertiv Holdings Co, Cl A | 4580 | 823 |
| &nbsp;&nbsp;&nbsp;Waste Connections Inc | 5930 | 1047 |
| &nbsp;&nbsp;&nbsp;Waste Management Inc | 3691 | 804 |
| &nbsp;&nbsp;&nbsp;Watsco Inc | 331 | 115 |
| &nbsp;&nbsp;&nbsp;WESCO International Inc | 964 | 258 |
| &nbsp;&nbsp;&nbsp;Westinghouse Air Brake Technologies Corp | 2694 | 562 |
| &nbsp;&nbsp;&nbsp;WillScot Holdings Corp | 1711 | 34 |
| &nbsp;&nbsp;&nbsp;Wolters Kluwer NV | 5498 | 583 |
| &nbsp;&nbsp;&nbsp;Woodward Inc | 405 | 122 |
| &nbsp;&nbsp;&nbsp;WW Grainger Inc | 742 | 704 |
| &nbsp;&nbsp;&nbsp;Xylem Inc/NY | 5273 | 742 |
|  |  | 52925 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value <br> ($ Thousands) |
| **COMMON STOCK<sup>††</sup> (continued)** |  |  |
| **Information Technology — 25.7%** |  |  |
| &nbsp;&nbsp;&nbsp;Accenture PLC, Cl A | 7510 | $1878 |
| &nbsp;&nbsp;&nbsp;Adobe Inc <sup>\*</sup> | 3177 | 1017 |
| &nbsp;&nbsp;&nbsp;Advanced Micro Devices Inc <sup>\*</sup> | 8345 | 1815 |
| &nbsp;&nbsp;&nbsp;Akamai Technologies Inc <sup>\*</sup> | 738 | 66 |
| &nbsp;&nbsp;&nbsp;Allegro MicroSystems Inc <sup>\*</sup> | 1597 | 43 |
| &nbsp;&nbsp;&nbsp;Amdocs Ltd | 872 | 67 |
| &nbsp;&nbsp;&nbsp;Amphenol Corp, Cl A | 14495 | 2042 |
| &nbsp;&nbsp;&nbsp;Analog Devices Inc | 858 | 228 |
| &nbsp;&nbsp;&nbsp;Appfolio Inc, Cl A <sup>\*</sup> | 282 | 64 |
| &nbsp;&nbsp;&nbsp;Apple Inc | 43902 | 12242 |
| &nbsp;&nbsp;&nbsp;Applied Materials Inc | 4411 | 1113 |
| &nbsp;&nbsp;&nbsp;AppLovin Corp, Cl A <sup>\*</sup> | 138 | 83 |
| &nbsp;&nbsp;&nbsp;Arista Networks Inc <sup>\*</sup> | 8717 | 1139 |
| &nbsp;&nbsp;&nbsp;Arrow Electronics Inc <sup>\*</sup> | 1030 | 111 |
| &nbsp;&nbsp;&nbsp;ASML Holding NV | 2009 | 2125 |
| &nbsp;&nbsp;&nbsp;Astera Labs <sup>\*</sup> | 491 | 77 |
| &nbsp;&nbsp;&nbsp;Atlassian Corp, Cl A <sup>\*</sup> | 1 |  |
| &nbsp;&nbsp;&nbsp;Autodesk Inc <sup>\*</sup> | 334 | 101 |
| &nbsp;&nbsp;&nbsp;Avnet Inc | 2918 | 139 |
| &nbsp;&nbsp;&nbsp;Belden Inc | 657 | 75 |
| &nbsp;&nbsp;&nbsp;Bentley Systems Inc, Cl B | 2299 | 96 |
| &nbsp;&nbsp;&nbsp;BILL Holdings Inc <sup>\*</sup> | 845 | 42 |
| &nbsp;&nbsp;&nbsp;Broadcom Inc | 20336 | 8195 |
| &nbsp;&nbsp;&nbsp;Brother Industries Ltd | 83600 | 1675 |
| &nbsp;&nbsp;&nbsp;Cadence Design Systems Inc <sup>\*</sup> | 832 | 259 |
| &nbsp;&nbsp;&nbsp;CCC Intelligent Solutions Holdings Inc <sup>\*</sup> | 6338 | 47 |
| &nbsp;&nbsp;&nbsp;CDW Corp/DE | 4127 | 595 |
| &nbsp;&nbsp;&nbsp;Check Point Software Technologies Ltd <sup>\*</sup> | 8991 | 1679 |
| &nbsp;&nbsp;&nbsp;Ciena Corp <sup>\*</sup> | 1878 | 384 |
| &nbsp;&nbsp;&nbsp;Cirrus Logic Inc <sup>\*</sup> | 1236 | 149 |
| &nbsp;&nbsp;&nbsp;Cisco Systems Inc | 17813 | 1371 |
| &nbsp;&nbsp;&nbsp;Cloudflare Inc, Cl A <sup>\*</sup> | 406 | 81 |
| &nbsp;&nbsp;&nbsp;Cognex Corp | 6582 | 251 |
| &nbsp;&nbsp;&nbsp;Cognizant Technology Solutions Corp, Cl A | 869 | 68 |
| &nbsp;&nbsp;&nbsp;Coherent Corp <sup>\*</sup> | 779 | 128 |
| &nbsp;&nbsp;&nbsp;Cohu Inc <sup>\*</sup> | 49160 | 1196 |
| &nbsp;&nbsp;&nbsp;Confluent Inc, Cl A <sup>\*</sup> | 550 | 12 |
| &nbsp;&nbsp;&nbsp;Crane NXT Co | 1165 | 66 |
| &nbsp;&nbsp;&nbsp;Crowdstrike Holdings Inc, Cl A <sup>\*</sup> | 213 | 108 |
| &nbsp;&nbsp;&nbsp;Datadog Inc, Cl A <sup>\*</sup> | 1075 | 172 |
| &nbsp;&nbsp;&nbsp;Dell Technologies Inc, Cl C | 503 | 67 |
| &nbsp;&nbsp;&nbsp;DocuSign Inc, Cl A <sup>\*</sup> | 497 | 34 |
| &nbsp;&nbsp;&nbsp;Dolby Laboratories Inc, Cl A | 11870 | 801 |
| &nbsp;&nbsp;&nbsp;DoubleVerify Holdings Inc <sup>\*</sup> | 3676 | 39 |
| &nbsp;&nbsp;&nbsp;Dropbox Inc, Cl A <sup>\*</sup> | 2225 | 66 |
| &nbsp;&nbsp;&nbsp;DXC Technology Co <sup>\*</sup> | 67822 | 895 |
| &nbsp;&nbsp;&nbsp;Dynatrace Inc <sup>\*</sup> | 1411 | 63 |
| &nbsp;&nbsp;&nbsp;Elastic NV <sup>\*</sup> | 642 | 45 |
| &nbsp;&nbsp;&nbsp;Enphase Energy Inc <sup>\*</sup> | 1799 | 52 |
| &nbsp;&nbsp;&nbsp;Entegris Inc | 553 | 43 |
| &nbsp;&nbsp;&nbsp;EPAM Systems Inc <sup>\*</sup> | 302 | 56 |
| &nbsp;&nbsp;&nbsp;F5 Inc <sup>\*</sup> | 506 | 121 |

---

SEI Catholic Values Trust 7

**SCHEDULE OF INVESTMENTS (Unaudited)** 

November 30, 2025

**Catholic Values Equity Fund**

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value <br> ($ Thousands) |
| **COMMON STOCK<sup>††</sup> (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;Fair Isaac Corp <sup>\*</sup> | 42 | $76 |
| &nbsp;&nbsp;&nbsp;First Solar Inc <sup>\*</sup> | 334 | 91 |
| &nbsp;&nbsp;&nbsp;Flex <sup>\*</sup> | 1535 | 91 |
| &nbsp;&nbsp;&nbsp;Fortinet Inc <sup>\*</sup> | 1010 | 82 |
| &nbsp;&nbsp;&nbsp;Gartner Inc <sup>\*</sup> | 205 | 48 |
| &nbsp;&nbsp;&nbsp;Gen Digital Inc | 2665 | 70 |
| &nbsp;&nbsp;&nbsp;Gitlab Inc, Cl A <sup>\*</sup> | 1223 | 50 |
| &nbsp;&nbsp;&nbsp;GLOBALFOUNDRIES Inc <sup>\*</sup> | 1155 | 41 |
| &nbsp;&nbsp;&nbsp;Globant SA <sup>\*</sup> | 146 | 9 |
| &nbsp;&nbsp;&nbsp;GoDaddy Inc, Cl A <sup>\*</sup> | 4243 | 543 |
| &nbsp;&nbsp;&nbsp;Guidewire Software Inc <sup>\*</sup> | 649 | 140 |
| &nbsp;&nbsp;&nbsp;Halma PLC | 35290 | 1667 |
| &nbsp;&nbsp;&nbsp;Harmonic Inc <sup>\*</sup> | 120052 | 1148 |
| &nbsp;&nbsp;&nbsp;Hewlett Packard Enterprise Co | 35066 | 767 |
| &nbsp;&nbsp;&nbsp;Hexagon AB, Cl B | 14037 | 165 |
| &nbsp;&nbsp;&nbsp;HP Inc | 22192 | 542 |
| &nbsp;&nbsp;&nbsp;HubSpot Inc <sup>\*</sup> | 83 | 31 |
| &nbsp;&nbsp;&nbsp;Ingram Micro Holding Corp | 3776 | 81 |
| &nbsp;&nbsp;&nbsp;Intel Corp <sup>\*</sup> | 4726 | 192 |
| &nbsp;&nbsp;&nbsp;International Business Machines Corp | 875 | 270 |
| &nbsp;&nbsp;&nbsp;Intuit Inc | 3988 | 2529 |
| &nbsp;&nbsp;&nbsp;IPG Photonics Corp <sup>\*</sup> | 692 | 55 |
| &nbsp;&nbsp;&nbsp;Jabil Inc | 593 | 125 |
| &nbsp;&nbsp;&nbsp;JFrog <sup>\*</sup> | 3100 | 189 |
| &nbsp;&nbsp;&nbsp;Keyence Corp | 400 | 136 |
| &nbsp;&nbsp;&nbsp;Keysight Technologies Inc <sup>\*</sup> | 2282 | 452 |
| &nbsp;&nbsp;&nbsp;KLA Corp | 170 | 200 |
| &nbsp;&nbsp;&nbsp;Kulicke & Soffa Industries Inc | 1690 | 76 |
| &nbsp;&nbsp;&nbsp;Kyndryl Holdings Inc <sup>\*</sup> | 7926 | 205 |
| &nbsp;&nbsp;&nbsp;Lam Research Corp | 8380 | 1307 |
| &nbsp;&nbsp;&nbsp;Lattice Semiconductor Corp <sup>\*</sup> | 1274 | 89 |
| &nbsp;&nbsp;&nbsp;Littelfuse Inc | 331 | 85 |
| &nbsp;&nbsp;&nbsp;Lotes Co Ltd | 12000 | 503 |
| &nbsp;&nbsp;&nbsp;Lumentum Holdings Inc <sup>\*</sup> | 5328 | 1732 |
| &nbsp;&nbsp;&nbsp;Manhattan Associates Inc <sup>\*</sup> | 64 | 11 |
| &nbsp;&nbsp;&nbsp;Marvell Technology Inc | 8769 | 784 |
| &nbsp;&nbsp;&nbsp;Micron Technology Inc | 5521 | 1306 |
| &nbsp;&nbsp;&nbsp;Microsoft Corp | 26316 | 12948 |
| &nbsp;&nbsp;&nbsp;MongoDB Inc, Cl A <sup>\*</sup> | 261 | 87 |
| &nbsp;&nbsp;&nbsp;Monolithic Power Systems Inc | 1115 | 1035 |
| &nbsp;&nbsp;&nbsp;Motorola Solutions Inc | 3609 | 1334 |
| &nbsp;&nbsp;&nbsp;nCino Inc <sup>\*</sup> | 762 | 19 |
| &nbsp;&nbsp;&nbsp;NetApp Inc | 1531 | 171 |
| &nbsp;&nbsp;&nbsp;Nokia Oyj | 257798 | 1570 |
| &nbsp;&nbsp;&nbsp;Nutanix Inc, Cl A <sup>\*</sup> | 1091 | 52 |
| &nbsp;&nbsp;&nbsp;NVIDIA Corp | 69838 | 12361 |
| &nbsp;&nbsp;&nbsp;Okta Inc, Cl A <sup>\*</sup> | 276 | 22 |
| &nbsp;&nbsp;&nbsp;ON Semiconductor Corp <sup>\*</sup> | 1691 | 85 |
| &nbsp;&nbsp;&nbsp;Onto Innovation Inc <sup>\*</sup> | 318 | 46 |
| &nbsp;&nbsp;&nbsp;Oracle Corp | 3681 | 743 |
| &nbsp;&nbsp;&nbsp;Palantir Technologies Inc, Cl A <sup>\*</sup> | 748 | 126 |
| &nbsp;&nbsp;&nbsp;Palo Alto Networks Inc <sup>\*</sup> | 2 |  |
| &nbsp;&nbsp;&nbsp;Pegasystems Inc | 1588 | 87 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value <br> ($ Thousands) |
| **COMMON STOCK<sup>††</sup> (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;Power Integrations Inc | 800 | $27 |
| &nbsp;&nbsp;&nbsp;Procore Technologies Inc <sup>\*</sup> | 905 | 67 |
| &nbsp;&nbsp;&nbsp;PTC Inc <sup>\*</sup> | 1 |  |
| &nbsp;&nbsp;&nbsp;Pure Storage Inc, Cl A <sup>\*</sup> | 1198 | 107 |
| &nbsp;&nbsp;&nbsp;Qnity Electronics Inc | 4726 | 383 |
| &nbsp;&nbsp;&nbsp;Qorvo <sup>\*</sup> | 980 | 84 |
| &nbsp;&nbsp;&nbsp;QUALCOMM Inc | 5344 | 898 |
| &nbsp;&nbsp;&nbsp;RingCentral Inc, Cl A <sup>\*</sup> | 199 | 6 |
| &nbsp;&nbsp;&nbsp;Rogers Corp <sup>\*</sup> | 596 | 50 |
| &nbsp;&nbsp;&nbsp;Roper Technologies Inc | 137 | 61 |
| &nbsp;&nbsp;&nbsp;Salesforce Inc | 9951 | 2294 |
| &nbsp;&nbsp;&nbsp;Samsung Electronics Co Ltd | 30180 | 2073 |
| &nbsp;&nbsp;&nbsp;SANDISK CORP <sup>\*</sup> | 301 | 67 |
| &nbsp;&nbsp;&nbsp;SAP SE | 7854 | 1896 |
| &nbsp;&nbsp;&nbsp;Seagate Technology Holdings | 526 | 146 |
| &nbsp;&nbsp;&nbsp;SentinelOne Inc, Cl A <sup>\*</sup> | 3347 | 54 |
| &nbsp;&nbsp;&nbsp;ServiceNow Inc <sup>\*</sup> | 277 | 225 |
| &nbsp;&nbsp;&nbsp;Silicon Laboratories Inc <sup>\*</sup> | 508 | 65 |
| &nbsp;&nbsp;&nbsp;Skyworks Solutions Inc | 606 | 40 |
| &nbsp;&nbsp;&nbsp;Snowflake Inc, Cl A <sup>\*</sup> | 867 | 218 |
| &nbsp;&nbsp;&nbsp;Super Micro Computer Inc <sup>\*</sup> | 780 | 26 |
| &nbsp;&nbsp;&nbsp;Synopsys Inc <sup>\*</sup> | 156 | 65 |
| &nbsp;&nbsp;&nbsp;Taiwan Semiconductor Manufacturing Co Ltd ADR | 14515 | 4231 |
| &nbsp;&nbsp;&nbsp;TD SYNNEX Corp | 404 | 62 |
| &nbsp;&nbsp;&nbsp;TE Connectivity | 436 | 99 |
| &nbsp;&nbsp;&nbsp;Teledyne Technologies Inc <sup>\*</sup> | 157 | 78 |
| &nbsp;&nbsp;&nbsp;Tenable Holdings <sup>\*</sup> | 2737 | 73 |
| &nbsp;&nbsp;&nbsp;Teradata Corp <sup>\*</sup> | 1199 | 34 |
| &nbsp;&nbsp;&nbsp;Teradyne Inc | 560 | 102 |
| &nbsp;&nbsp;&nbsp;Texas Instruments Inc | 407 | 68 |
| &nbsp;&nbsp;&nbsp;TOTVS SA | 200200 | 1615 |
| &nbsp;&nbsp;&nbsp;Trimble Inc <sup>\*</sup> | 1500 | 122 |
| &nbsp;&nbsp;&nbsp;Twilio Inc, Cl A <sup>\*</sup> | 463 | 60 |
| &nbsp;&nbsp;&nbsp;Tyler Technologies Inc <sup>\*</sup> | 122 | 57 |
| &nbsp;&nbsp;&nbsp;Ubiquiti Inc | 183 | 107 |
| &nbsp;&nbsp;&nbsp;UiPath Inc, Cl A <sup>\*</sup> | 4862 | 67 |
| &nbsp;&nbsp;&nbsp;Unity Software Inc <sup>\*</sup> | 585 | 25 |
| &nbsp;&nbsp;&nbsp;Universal Display Corp | 2531 | 301 |
| &nbsp;&nbsp;&nbsp;VeriSign Inc | 2820 | 711 |
| &nbsp;&nbsp;&nbsp;Viavi Solutions Inc <sup>\*</sup> | 6176 | 111 |
| &nbsp;&nbsp;&nbsp;Vontier Corp | 7338 | 266 |
| &nbsp;&nbsp;&nbsp;Western Digital Corp | 2446 | 400 |
| &nbsp;&nbsp;&nbsp;Workday Inc, Cl A <sup>\*</sup> | 1592 | 343 |
| &nbsp;&nbsp;&nbsp;Zebra Technologies Corp, Cl A <sup>\*</sup> | 677 | 171 |
| &nbsp;&nbsp;&nbsp;Zoom Video Communications Inc, Cl A <sup>\*</sup> | 186 | 16 |
| &nbsp;&nbsp;&nbsp;Zscaler Inc <sup>\*</sup> | 487 | 122 |
|  |  | 107948 |
| **Materials — 3.2%** |  |  |
| &nbsp;&nbsp;&nbsp;Air Products and Chemicals Inc | 2804 | 732 |
| &nbsp;&nbsp;&nbsp;Albemarle Corp | 467 | 61 |
| &nbsp;&nbsp;&nbsp;Alcoa Corp | 4724 | 197 |
| &nbsp;&nbsp;&nbsp;Amcor PLC | 16363 | 139 |

---

8 SEI Catholic Values Trust

**SCHEDULE OF INVESTMENTS (Unaudited)** 

November 30, 2025

**Catholic Values Equity Fund**

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value <br> ($ Thousands) |
| **COMMON STOCK<sup>††</sup> (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;Anglo American | 14923 | $564 |
| &nbsp;&nbsp;&nbsp;AptarGroup Inc | 1090 | 136 |
| &nbsp;&nbsp;&nbsp;Ashland | 1507 | 80 |
| &nbsp;&nbsp;&nbsp;Avery Dennison Corp | 548 | 94 |
| &nbsp;&nbsp;&nbsp;Axalta Coating Systems Ltd <sup>\*</sup> | 19933 | 601 |
| &nbsp;&nbsp;&nbsp;Ball Corp | 927 | 46 |
| &nbsp;&nbsp;&nbsp;Cabot Corp | 1164 | 73 |
| &nbsp;&nbsp;&nbsp;Celanese Corp, Cl A | 3090 | 129 |
| &nbsp;&nbsp;&nbsp;CF Industries Holdings Inc | 921 | 72 |
| &nbsp;&nbsp;&nbsp;Cleveland-Cliffs Inc <sup>\*</sup> | 4585 | 60 |
| &nbsp;&nbsp;&nbsp;Corteva Inc | 1306 | 88 |
| &nbsp;&nbsp;&nbsp;Covestro AG <sup>\*</sup> | 14389 | 1034 |
| &nbsp;&nbsp;&nbsp;CRH PLC | 939 | 113 |
| &nbsp;&nbsp;&nbsp;Crown Holdings Inc | 5279 | 511 |
| &nbsp;&nbsp;&nbsp;Dow Inc | 975 | 23 |
| &nbsp;&nbsp;&nbsp;DuPont de Nemours Inc | 9451 | 376 |
| &nbsp;&nbsp;&nbsp;Eastman Chemical Co | 1202 | 75 |
| &nbsp;&nbsp;&nbsp;Ecolab Inc | 466 | 128 |
| &nbsp;&nbsp;&nbsp;Element Solutions Inc | 5641 | 146 |
| &nbsp;&nbsp;&nbsp;FMC Corp | 11270 | 161 |
| &nbsp;&nbsp;&nbsp;Freeport-McMoRan Inc | 5276 | 227 |
| &nbsp;&nbsp;&nbsp;Graphic Packaging Holding Co | 4953 | 80 |
| &nbsp;&nbsp;&nbsp;Huntsman Corp | 4477 | 47 |
| &nbsp;&nbsp;&nbsp;Ingevity Corp <sup>\*</sup> | 1326 | 69 |
| &nbsp;&nbsp;&nbsp;Innospec Inc | 1185 | 89 |
| &nbsp;&nbsp;&nbsp;International Flavors & Fragrances Inc | 737 | 51 |
| &nbsp;&nbsp;&nbsp;International Paper Co | 1238 | 49 |
| &nbsp;&nbsp;&nbsp;James Hardie Industries ADR <sup>\*</sup> | 2489 | 49 |
| &nbsp;&nbsp;&nbsp;Linde PLC | 2441 | 1002 |
| &nbsp;&nbsp;&nbsp;Louisiana-Pacific Corp | 1691 | 139 |
| &nbsp;&nbsp;&nbsp;LyondellBasell Industries NV, Cl A | 607 | 30 |
| &nbsp;&nbsp;&nbsp;Martin Marietta Materials Inc | 1485 | 925 |
| &nbsp;&nbsp;&nbsp;Mosaic Co/The | 2498 | 61 |
| &nbsp;&nbsp;&nbsp;NewMarket Corp | 145 | 111 |
| &nbsp;&nbsp;&nbsp;Newmont Corp | 11024 | 1000 |
| &nbsp;&nbsp;&nbsp;Nucor Corp | 870 | 139 |
| &nbsp;&nbsp;&nbsp;O-I Glass Inc, Cl I <sup>\*</sup> | 8446 | 114 |
| &nbsp;&nbsp;&nbsp;Packaging Corp of America | 472 | 96 |
| &nbsp;&nbsp;&nbsp;PPG Industries Inc | 510 | 51 |
| &nbsp;&nbsp;&nbsp;Quaker Chemical Corp | 241 | 33 |
| &nbsp;&nbsp;&nbsp;Reliance Inc | 4921 | 1374 |
| &nbsp;&nbsp;&nbsp;Rio Tinto Ltd | 5521 | 479 |
| &nbsp;&nbsp;&nbsp;Royal Gold Inc | 466 | 95 |
| &nbsp;&nbsp;&nbsp;Scotts Miracle-Gro Co/The | 796 | 45 |
| &nbsp;&nbsp;&nbsp;Sealed Air Corp | 1831 | 79 |
| &nbsp;&nbsp;&nbsp;Sherwin-Williams Co/The | 1669 | 574 |
| &nbsp;&nbsp;&nbsp;Smurfit WestRock PLC | 1448 | 52 |
| &nbsp;&nbsp;&nbsp;Sonoco Products Co | 903 | 38 |
| &nbsp;&nbsp;&nbsp;Steel Dynamics Inc | 1777 | 298 |
| &nbsp;&nbsp;&nbsp;Syensqo SA | 2051 | 167 |
| &nbsp;&nbsp;&nbsp;Vulcan Materials Co | 363 | 108 |
|  |  | 13310 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value <br> ($ Thousands) |
| **COMMON STOCK<sup>††</sup> (continued)** |  |  |
| **Real Estate — 1.9%** |  |  |
| &nbsp;&nbsp;&nbsp;Agree Realty <sup>‡</sup> | 1136 | $85 |
| &nbsp;&nbsp;&nbsp;Alexandria Real Estate Equities Inc <sup>‡</sup> | 322 | 17 |
| &nbsp;&nbsp;&nbsp;American Homes 4 Rent, Cl A <sup>‡</sup> | 2436 | 78 |
| &nbsp;&nbsp;&nbsp;American Tower Corp <sup>‡</sup> | 956 | 173 |
| &nbsp;&nbsp;&nbsp;Americold Realty Trust Inc <sup>‡</sup> | 1965 | 21 |
| &nbsp;&nbsp;&nbsp;AvalonBay Communities Inc <sup>‡</sup> | 909 | 165 |
| &nbsp;&nbsp;&nbsp;Brixmor Property Group Inc <sup>‡</sup> | 4961 | 130 |
| &nbsp;&nbsp;&nbsp;BXP Inc <sup>‡</sup> | 2949 | 213 |
| &nbsp;&nbsp;&nbsp;CareTrust REIT <sup>‡</sup> | 2326 | 87 |
| &nbsp;&nbsp;&nbsp;CBRE Group Inc, Cl A <sup>\*</sup> | 5245 | 849 |
| &nbsp;&nbsp;&nbsp;COPT Defense Properties <sup>‡</sup> | 3768 | 116 |
| &nbsp;&nbsp;&nbsp;CoStar Group Inc <sup>\*</sup> | 712 | 49 |
| &nbsp;&nbsp;&nbsp;Cousins Properties Inc <sup>‡</sup> | 2645 | 68 |
| &nbsp;&nbsp;&nbsp;Crown Castle Inc <sup>‡</sup> | 4114 | 376 |
| &nbsp;&nbsp;&nbsp;CTO Realty Growth <sup>‡</sup> | 7000 | 127 |
| &nbsp;&nbsp;&nbsp;CubeSmart <sup>‡</sup> | 1472 | 55 |
| &nbsp;&nbsp;&nbsp;Digital Realty Trust Inc <sup>‡</sup> | 437 | 70 |
| &nbsp;&nbsp;&nbsp;EastGroup Properties Inc <sup>‡</sup> | 635 | 115 |
| &nbsp;&nbsp;&nbsp;Equinix Inc <sup>‡</sup> | 1475 | 1111 |
| &nbsp;&nbsp;&nbsp;Equity LifeStyle Properties Inc <sup>‡</sup> | 1548 | 97 |
| &nbsp;&nbsp;&nbsp;Equity Residential <sup>‡</sup> | 780 | 48 |
| &nbsp;&nbsp;&nbsp;Essex Property Trust Inc <sup>‡</sup> | 187 | 49 |
| &nbsp;&nbsp;&nbsp;Extra Space Storage Inc <sup>‡</sup> | 460 | 61 |
| &nbsp;&nbsp;&nbsp;Federal Realty Investment Trust <sup>‡</sup> | 402 | 40 |
| &nbsp;&nbsp;&nbsp;First Industrial Realty Trust Inc <sup>‡</sup> | 1196 | 68 |
| &nbsp;&nbsp;&nbsp;FirstService Corp | 517 | 81 |
| &nbsp;&nbsp;&nbsp;Healthpeak Properties Inc <sup>‡</sup> | 3935 | 72 |
| &nbsp;&nbsp;&nbsp;Highwoods Properties Inc <sup>‡</sup> | 2287 | 64 |
| &nbsp;&nbsp;&nbsp;Host Hotels & Resorts Inc <sup>‡</sup> | 9310 | 164 |
| &nbsp;&nbsp;&nbsp;Howard Hughes Holdings Inc <sup>\*</sup> | 411 | 37 |
| &nbsp;&nbsp;&nbsp;Iron Mountain Inc <sup>‡</sup> | 713 | 62 |
| &nbsp;&nbsp;&nbsp;Jones Lang LaSalle Inc <sup>\*</sup> | 410 | 134 |
| &nbsp;&nbsp;&nbsp;Kilroy Realty Corp <sup>‡</sup> | 811 | 35 |
| &nbsp;&nbsp;&nbsp;Kimco Realty Corp <sup>‡</sup> | 2506 | 52 |
| &nbsp;&nbsp;&nbsp;Lamar Advertising Co, Cl A <sup>‡</sup> | 862 | 114 |
| &nbsp;&nbsp;&nbsp;Mid-America Apartment Communities Inc <sup>‡</sup> | 482 | 66 |
| &nbsp;&nbsp;&nbsp;Millrose Properties | 270 | 8 |
| &nbsp;&nbsp;&nbsp;Newmark Group Inc, Cl A | 4999 | 87 |
| &nbsp;&nbsp;&nbsp;NNN REIT Inc <sup>‡</sup> | 993 | 41 |
| &nbsp;&nbsp;&nbsp;Park Hotels & Resorts Inc <sup>‡</sup> | 5035 | 54 |
| &nbsp;&nbsp;&nbsp;Prologis Inc <sup>‡</sup> | 6809 | 875 |
| &nbsp;&nbsp;&nbsp;Public Storage <sup>‡</sup> | 298 | 82 |
| &nbsp;&nbsp;&nbsp;Rayonier Inc <sup>‡</sup> | 2912 | 65 |
| &nbsp;&nbsp;&nbsp;Realty Income Corp <sup>‡</sup> | 1634 | 94 |
| &nbsp;&nbsp;&nbsp;Regency Centers Corp <sup>‡</sup> | 826 | 59 |
| &nbsp;&nbsp;&nbsp;Rexford Industrial Realty Inc <sup>‡</sup> | 1192 | 50 |
| &nbsp;&nbsp;&nbsp;SBA Communications Corp, Cl A <sup>‡</sup> | 1053 | 205 |
| &nbsp;&nbsp;&nbsp;Simon Property Group Inc <sup>‡</sup> | 566 | 105 |
| &nbsp;&nbsp;&nbsp;STAG Industrial Inc <sup>‡</sup> | 1910 | 75 |
| &nbsp;&nbsp;&nbsp;UDR Inc <sup>‡</sup> | 2288 | 83 |
| &nbsp;&nbsp;&nbsp;Ventas Inc <sup>‡</sup> | 1890 | 152 |
| &nbsp;&nbsp;&nbsp;Vornado Realty Trust <sup>‡</sup> | 765 | 28 |

---

SEI Catholic Values Trust 9

**SCHEDULE OF INVESTMENTS (Unaudited)** 

November 30, 2025

**Catholic Values Equity Fund**

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value <br> ($ Thousands) |
| **COMMON STOCK<sup>††</sup> (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;Welltower Inc <sup>‡</sup> | 1757 | $366 |
| &nbsp;&nbsp;&nbsp;Weyerhaeuser Co <sup>‡</sup> | 2954 | 66 |
| &nbsp;&nbsp;&nbsp;WP Carey <sup>‡</sup> | 1197 | 81 |
| &nbsp;&nbsp;&nbsp;Zillow Group Inc, Cl C <sup>\*</sup> | 1230 | 91 |
|  |  | 7816 |
| **Utilities — 2.1%** |  |  |
| &nbsp;&nbsp;&nbsp;AES Corp/The | 4013 | 56 |
| &nbsp;&nbsp;&nbsp;Alliant Energy Corp | 1828 | 127 |
| &nbsp;&nbsp;&nbsp;Ameren Corp | 786 | 84 |
| &nbsp;&nbsp;&nbsp;American Electric Power Co Inc | 1847 | 229 |
| &nbsp;&nbsp;&nbsp;American Water Works Co Inc | 2358 | 307 |
| &nbsp;&nbsp;&nbsp;Atmos Energy Corp | 534 | 94 |
| &nbsp;&nbsp;&nbsp;Brookfield Infrastructure, Cl A | 1361 | 62 |
| &nbsp;&nbsp;&nbsp;Brookfield Renewable, Cl A | 3044 | 126 |
| &nbsp;&nbsp;&nbsp;CenterPoint Energy Inc | 2040 | 82 |
| &nbsp;&nbsp;&nbsp;Clearway Energy Inc, Cl C | 2159 | 79 |
| &nbsp;&nbsp;&nbsp;CMS Energy Corp | 5948 | 449 |
| &nbsp;&nbsp;&nbsp;Consolidated Edison Inc | 3038 | 305 |
| &nbsp;&nbsp;&nbsp;Constellation Energy Corp | 369 | 135 |
| &nbsp;&nbsp;&nbsp;Dominion Energy Inc | 1583 | 99 |
| &nbsp;&nbsp;&nbsp;DTE Energy Co | 533 | 73 |
| &nbsp;&nbsp;&nbsp;Duke Energy Corp | 2448 | 303 |
| &nbsp;&nbsp;&nbsp;Edison International | 7451 | 439 |
| &nbsp;&nbsp;&nbsp;Entergy Corp | 1190 | 116 |
| &nbsp;&nbsp;&nbsp;Essential Utilities Inc | 1211 | 48 |
| &nbsp;&nbsp;&nbsp;Evergy Inc | 833 | 65 |
| &nbsp;&nbsp;&nbsp;Eversource Energy | 5900 | 396 |
| &nbsp;&nbsp;&nbsp;Exelon Corp | 15856 | 747 |
| &nbsp;&nbsp;&nbsp;FirstEnergy Corp | 11167 | 533 |
| &nbsp;&nbsp;&nbsp;IDACORP Inc, Cl Rights | 994 | 131 |
| &nbsp;&nbsp;&nbsp;MDU Resources Group Inc | 2166 | 46 |
| &nbsp;&nbsp;&nbsp;National Fuel Gas Co | 1319 | 109 |
| &nbsp;&nbsp;&nbsp;NextEra Energy Inc | 12995 | 1121 |
| &nbsp;&nbsp;&nbsp;NiSource Inc | 1440 | 64 |
| &nbsp;&nbsp;&nbsp;NRG Energy Inc | 2449 | 415 |
| &nbsp;&nbsp;&nbsp;OGE Energy Corp | 2708 | 124 |
| &nbsp;&nbsp;&nbsp;Pinnacle West Capital Corp | 566 | 51 |
| &nbsp;&nbsp;&nbsp;PPL Corp | 21652 | 799 |
| &nbsp;&nbsp;&nbsp;Public Service Enterprise Group Inc | 1010 | 84 |
| &nbsp;&nbsp;&nbsp;Sempra | 4065 | 385 |
| &nbsp;&nbsp;&nbsp;Spire Inc | 978 | 87 |
| &nbsp;&nbsp;&nbsp;UGI Corp | 1904 | 75 |
| &nbsp;&nbsp;&nbsp;Vistra Corp | 1148 | 205 |
| &nbsp;&nbsp;&nbsp;WEC Energy Group Inc | 737 | 83 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Shares | Market Value <br> ($ Thousands) | Market Value <br> ($ Thousands) |
| **COMMON STOCK<sup>††</sup> (continued)** |  |  |  |
| &nbsp;&nbsp;&nbsp;Xcel Energy Inc | 3243 | $| 266 |
|  |  |  | 8999 |
| Total Common Stock |  |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $255,513) ($ Thousands) |  |  | 407998 |
| **PREFERRED STOCK — 0.5%** |  |  |  |
| **Consumer Discretionary — 0.1%** |  |  |  |
| &nbsp;&nbsp;&nbsp;Volkswagen AG (A) | 6538 |  | 748 |
| **Consumer Staples — 0.4%** |  |  |  |
| &nbsp;&nbsp;&nbsp;Henkel AG & Co KGaA (A) | 20539 |  | 1657 |
| Total Preferred Stock |  |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $2,255) ($ Thousands) |  |  | 2405 |
| **EXCHANGE-TRADED FUND — 0.0%** | **EXCHANGE-TRADED FUND — 0.0%** | **EXCHANGE-TRADED FUND — 0.0%** | **EXCHANGE-TRADED FUND — 0.0%** |
| **Domestic Equity — 0.0%** |  |  |  |
| &nbsp;&nbsp;&nbsp;iShares Russell 2000 Value ETF | 478 |  | 87 |
| Total Exchange-Traded Fund |  |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $78) ($ Thousands) |  |  | 87 |

---

---

| | |
|:---|:---|
|  | Number of <br> Rights |
| **RIGHTS — 0.0%** |  |
| **United States — 0.0%** |  |
| &nbsp;&nbsp;&nbsp;Abiomed Inc <sup>\*‡‡</sup> | 297 |
| &nbsp;&nbsp;&nbsp;GCI Liberty, Expires 12/17/2025 <sup>\*</sup> | 70 |
| Total Rights |  |
| &nbsp;&nbsp;&nbsp;(Cost $—) ($ Thousands) |  |

---

---

| | | |
|:---|:---|:---|
|  | Shares |  |
| **CASH EQUIVALENT — 1.2%** |  |  |
| &nbsp;&nbsp;&nbsp;SEI Daily Income Trust, Government Fund, Institutional Class |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.950%<sup>\*\*†</sup> | 4827894 | 4828 |
| Total Cash Equivalent |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $4,828) ($ Thousands) |  | 4828 |
| Total Investments in Securities — 99.0% |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $262,674) ($ Thousands) |  | $415318 |

---

A list of the open futures contracts held by the Fund at November 30, 2025, is as follows:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Type of Contract** | **Number of**<br> **Contracts** | **Expiration <br> Date** | **Notional Amount <br> (Thousands)** | **Value <br> (Thousands)** | **Unrealized <br> Appreciation(Thousands)** |
| Long Contracts |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;S&P 500 Index E-MINI | 15 | Dec-2025 | $5027 | $5145 | $118 |

---

10 SEI Catholic Values Trust

**SCHEDULE OF INVESTMENTS (Unaudited)** 

November 30, 2025

**Catholic Values Equity Fund** (Concluded)

---

| | |
|:---|:---|
|  | Percentages are based on Net Assets of $419,311 ($ Thousands). |
| \* | Non-income producing security. |
| \*\* | The rate reported is the 7-day effective yield as of November 30, 2025. |
| <sup>†</sup> | Investment in Affiliated Security. |
| <sup>††</sup> | Narrow industries are utilized for compliance purposes, whereas broad sectors are utilized for reporting. |
| <sup>‡</sup> | Real Estate Investment Trust. |
| <sup>‡‡</sup> | Expiration date not available. |
| (A) | No interest rate available. |

---

ADR — American Depositary Receipt

Cl — Class

ETF — Exchange-Traded Fund

Ltd. — Limited

NASDAQ – National Association of Securities Dealers and Automated Quotations

PLC — Public Limited Company

REIT — Real Estate Investment Trust

S&P— Standard & Poor's

The following is a summary of the Fund's transactions with affiliates for the period ended November 30, 2025 ($ Thousands):

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Security Description** | **Value <br> 2/28/2025** | **Purchases <br> at Cost** | **Proceeds <br> from Sales** | **Realized Gain <br> (Loss)** | **Change in <br> Unrealized <br> Appreciation <br> (Depreciation)** | **Value <br> 11/30/2025** | **Income** | **Capital Gains** |
| SEI Daily Income Trust, Government Fund, Institutional Class | $6745 | $34660 | $(36577) | $— | $— | $4828 | $196 | $— |

---

Amounts designated as "—" are either $0 or have been rounded to $0.

SEI Catholic Values Trust 11

**SCHEDULE OF INVESTMENTS (Unaudited)** <br> November 30, 2025

**Catholic Values Fixed Income Fund**

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value <br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES — 38.0%** | **MORTGAGE-BACKED SECURITIES — 38.0%** | **MORTGAGE-BACKED SECURITIES — 38.0%** |
| **Agency Mortgage-Backed Obligations — 29.1%** | **Agency Mortgage-Backed Obligations — 29.1%** | **Agency Mortgage-Backed Obligations — 29.1%** |
| &nbsp;&nbsp;&nbsp;FHLMC | &nbsp;&nbsp;&nbsp;FHLMC | &nbsp;&nbsp;&nbsp;FHLMC |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 03/01/2035 to 07/01/2040 | $186 | $195 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 04/01/2030 to 02/01/2054 | 1595 | 1640 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 06/01/2041 to 05/01/2053 | 909 | 917 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 06/01/2038 to 01/01/2054 | 2682 | 2645 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 07/01/2037 to 02/01/2053 | 2422 | 2336 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 04/01/2034 to 11/01/2052 | 1429 | 1346 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.000%, 06/01/2034 to 06/01/2052 | 2677 | 2470 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.500%, 01/01/2050 to 05/01/2052 | 4360 | 3775 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.000%, 07/01/2041 to 04/01/2052 | 2704 | 2242 |
| &nbsp;&nbsp;&nbsp;FHLMC ARM | &nbsp;&nbsp;&nbsp;FHLMC ARM | &nbsp;&nbsp;&nbsp;FHLMC ARM |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.397%, RFUCCT1Y + 1.624%, 10/01/2046(A) | 129 | 133 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.384%, RFUCCT1Y + 1.595%, 06/01/2047(A) | 58 | 60 |
| &nbsp;&nbsp;&nbsp;FHLMC CMO, Ser 2018-4813, Cl CJ | &nbsp;&nbsp;&nbsp;FHLMC CMO, Ser 2018-4813, Cl CJ | &nbsp;&nbsp;&nbsp;FHLMC CMO, Ser 2018-4813, Cl CJ |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.000%, 08/15/2048 | 44 | 40 |
| &nbsp;&nbsp;&nbsp;FHLMC CMO, Ser 2020-5038, Cl PJ | &nbsp;&nbsp;&nbsp;FHLMC CMO, Ser 2020-5038, Cl PJ | &nbsp;&nbsp;&nbsp;FHLMC CMO, Ser 2020-5038, Cl PJ |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.750%, 10/25/2050 | 263 | 194 |
| &nbsp;&nbsp;&nbsp;FHLMC CMO, Ser 2022-5224, Cl HL | &nbsp;&nbsp;&nbsp;FHLMC CMO, Ser 2022-5224, Cl HL | &nbsp;&nbsp;&nbsp;FHLMC CMO, Ser 2022-5224, Cl HL |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 04/25/2052 | 200 | 189 |
| &nbsp;&nbsp;&nbsp;FHLMC CMO, Ser 2022-5230, Cl PE | &nbsp;&nbsp;&nbsp;FHLMC CMO, Ser 2022-5230, Cl PE | &nbsp;&nbsp;&nbsp;FHLMC CMO, Ser 2022-5230, Cl PE |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.000%, 12/25/2051 | 100 | 83 |
| &nbsp;&nbsp;&nbsp;FHLMC CMO, Ser 2024-5473, Cl BF | &nbsp;&nbsp;&nbsp;FHLMC CMO, Ser 2024-5473, Cl BF | &nbsp;&nbsp;&nbsp;FHLMC CMO, Ser 2024-5473, Cl BF |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.372%, SOFR30A + 1.300%, 11/25/2054(A) | 256 | 256 |
| &nbsp;&nbsp;&nbsp;FHLMC Multifamily Structured Pass <br> Through Certificates, Ser K544, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.266%, 07/25/2030(A) | 585 | 592 |
| &nbsp;&nbsp;&nbsp;FHLMC Multifamily Structured Pass-Through Certificates, Ser 2021-K124, Cl X1, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.805%, 12/25/2030(A) | 2971 | 90 |
| &nbsp;&nbsp;&nbsp;FNMA | &nbsp;&nbsp;&nbsp;FNMA | &nbsp;&nbsp;&nbsp;FNMA |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 08/01/2049 to 11/01/2053 | 1712 | 1759 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 11/01/2049 to 08/01/2053 | 2356 | 2387 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 07/01/2033 to 01/01/2059 | 5357 | 5307 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 01/01/2037 to 06/01/2057 | 4699 | 4535 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 05/01/2037 to 05/01/2052 | 2830 | 2675 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.000%, 11/01/2034 to 09/01/2061 | 4342 | 3930 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.500%, 01/01/2032 to 04/01/2052 | 5431 | 4841 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.000%, 01/01/2042 to 03/01/2052 | 3970 | 3281 |
| &nbsp;&nbsp;&nbsp;FNMA ARM | &nbsp;&nbsp;&nbsp;FNMA ARM | &nbsp;&nbsp;&nbsp;FNMA ARM |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.472%, RFUCCT1Y + 1.592%, 04/01/2047(A) | 77 | 79 |
| &nbsp;&nbsp;&nbsp;FNMA CMO, Ser 2012-118, Cl VZ | &nbsp;&nbsp;&nbsp;FNMA CMO, Ser 2012-118, Cl VZ | &nbsp;&nbsp;&nbsp;FNMA CMO, Ser 2012-118, Cl VZ |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.000%, 11/25/2042 | 105 | 98 |
| &nbsp;&nbsp;&nbsp;FNMA CMO, Ser 2014-6, Cl Z | &nbsp;&nbsp;&nbsp;FNMA CMO, Ser 2014-6, Cl Z | &nbsp;&nbsp;&nbsp;FNMA CMO, Ser 2014-6, Cl Z |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.500%, 02/25/2044 | 127 | 114 |
| &nbsp;&nbsp;&nbsp;FNMA CMO, Ser 2020-56, Cl AQ | &nbsp;&nbsp;&nbsp;FNMA CMO, Ser 2020-56, Cl AQ | &nbsp;&nbsp;&nbsp;FNMA CMO, Ser 2020-56, Cl AQ |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.000%, 08/25/2050 | 200 | 164 |
| &nbsp;&nbsp;&nbsp;FNMA CMO, Ser 2020-57, Cl TA | &nbsp;&nbsp;&nbsp;FNMA CMO, Ser 2020-57, Cl TA | &nbsp;&nbsp;&nbsp;FNMA CMO, Ser 2020-57, Cl TA |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.000%, 04/25/2050 | 39 | 35 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value <br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp;FNMA TBA | &nbsp;&nbsp;&nbsp;FNMA TBA | &nbsp;&nbsp;&nbsp;FNMA TBA |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 12/01/2035 | 600 | 607 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 12/15/2055 | 525 | 524 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 12/01/2035 | 625 | 612 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 12/15/2055 | 650 | 619 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 12/15/2055 | 1625 | 1503 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.000%, 12/15/2055 | 700 | 622 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.500%, 12/01/2042 | 4050 | 3445 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.000%, 12/15/2055 | 2825 | 2298 |
| &nbsp;&nbsp;&nbsp;GNMA | &nbsp;&nbsp;&nbsp;GNMA | &nbsp;&nbsp;&nbsp;GNMA |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 11/20/2052 to 08/20/2053 | 1211 | 1232 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 11/20/2048 to 12/20/2052 | 574 | 578 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 01/15/2042 to 11/20/2054 | 2168 | 2146 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 08/15/2045 to 10/20/2052 | 965 | 926 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 04/20/2046 to 05/20/2052 | 1416 | 1313 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.000%, 09/20/2046 to 04/20/2052 | 281 | 256 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.500%, 09/20/2051 | 800 | 694 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.000%, 02/20/2052 | 591 | 493 |
| &nbsp;&nbsp;&nbsp;GNMA CMO, Ser 2012-34, Cl SA, IO | &nbsp;&nbsp;&nbsp;GNMA CMO, Ser 2012-34, Cl SA, IO | &nbsp;&nbsp;&nbsp;GNMA CMO, Ser 2012-34, Cl SA, IO |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.976%, 03/20/2042(A) | 50 | 5 |
| &nbsp;&nbsp;&nbsp;GNMA CMO, Ser 2021-188, Cl PA | &nbsp;&nbsp;&nbsp;GNMA CMO, Ser 2021-188, Cl PA | &nbsp;&nbsp;&nbsp;GNMA CMO, Ser 2021-188, Cl PA |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.000%, 10/20/2051 | 226 | 189 |
| &nbsp;&nbsp;&nbsp;GNMA CMO, Ser 2021-223, Cl P | &nbsp;&nbsp;&nbsp;GNMA CMO, Ser 2021-223, Cl P | &nbsp;&nbsp;&nbsp;GNMA CMO, Ser 2021-223, Cl P |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.000%, 06/20/2051 | 71 | 63 |
| &nbsp;&nbsp;&nbsp;GNMA CMO, Ser 2022-139, Cl AL | &nbsp;&nbsp;&nbsp;GNMA CMO, Ser 2022-139, Cl AL | &nbsp;&nbsp;&nbsp;GNMA CMO, Ser 2022-139, Cl AL |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 07/20/2051 | 100 | 93 |
| &nbsp;&nbsp;&nbsp;GNMA CMO, Ser 2022-189, Cl PT | &nbsp;&nbsp;&nbsp;GNMA CMO, Ser 2022-189, Cl PT | &nbsp;&nbsp;&nbsp;GNMA CMO, Ser 2022-189, Cl PT |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.500%, 10/20/2051 | 80 | 68 |
| &nbsp;&nbsp;&nbsp;GNMA CMO, Ser 2022-63, Cl LM | &nbsp;&nbsp;&nbsp;GNMA CMO, Ser 2022-63, Cl LM | &nbsp;&nbsp;&nbsp;GNMA CMO, Ser 2022-63, Cl LM |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 10/20/2050 | 100 | 86 |
| &nbsp;&nbsp;&nbsp;GNMA TBA | &nbsp;&nbsp;&nbsp;GNMA TBA | &nbsp;&nbsp;&nbsp;GNMA TBA |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 12/01/2037 | 150 | 151 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 12/01/2039 | 1025 | 1024 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 12/15/2039 | 575 | 562 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 12/15/2055 | 375 | 356 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 12/15/2055 | 2075 | 1902 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.000%, 12/15/2055 | 75 | 68 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.500%, 12/15/2055 | 1600 | 1388 |
| &nbsp;&nbsp;&nbsp;GNMA, Ser 2020-178, Cl IO, IO | &nbsp;&nbsp;&nbsp;GNMA, Ser 2020-178, Cl IO, IO | &nbsp;&nbsp;&nbsp;GNMA, Ser 2020-178, Cl IO, IO |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.422%, 10/16/2060(A) | 1069 | 104 |
|  |  | 72335 |
| **Non-Agency Mortgage-Backed Obligations — 8.9%** | **Non-Agency Mortgage-Backed Obligations — 8.9%** | **Non-Agency Mortgage-Backed Obligations — 8.9%** |
| &nbsp;&nbsp;&nbsp;280 Park Avenue Mortgage Trust, Ser 2017-280P, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.152%, TSFR1M + 1.180%, 09/15/2034(A)(B) | 250 | 248 |
| &nbsp;&nbsp;&nbsp;ACRA Trust, Ser 2024-NQM1, Cl A1 | &nbsp;&nbsp;&nbsp;ACRA Trust, Ser 2024-NQM1, Cl A1 | &nbsp;&nbsp;&nbsp;ACRA Trust, Ser 2024-NQM1, Cl A1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.608%, 10/25/2064(B)(C) | 390 | 392 |
| &nbsp;&nbsp;&nbsp;Angel Oak Mortgage Trust, Ser 2022-3, Cl A3 | &nbsp;&nbsp;&nbsp;Angel Oak Mortgage Trust, Ser 2022-3, Cl A3 | &nbsp;&nbsp;&nbsp;Angel Oak Mortgage Trust, Ser 2022-3, Cl A3 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.116%, 01/25/2067(A)(B) | 87 | 83 |

---

12 SEI Catholic Values Trust

**SCHEDULE OF INVESTMENTS (Unaudited)** <br> November 30, 2025

**Catholic Values Fixed Income Fund**

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value <br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp;Angel Oak Mortgage Trust, Ser 2022-4, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.650%, 05/25/2067(B)(C) | $453 | $451 |
| &nbsp;&nbsp;&nbsp;ARES Trust, Ser 2025-IND3, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.459%, TSFR1M + 1.500%, 04/15/2042(A)(B) | 328 | 328 |
| &nbsp;&nbsp;&nbsp;BANK 2025-BNK49, Ser BNK49, Cl A5 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.623%, 03/15/2058(A) | 341 | 364 |
| &nbsp;&nbsp;&nbsp;BANK, Ser 2017-BNK8, Cl XA, IO | &nbsp;&nbsp;&nbsp;BANK, Ser 2017-BNK8, Cl XA, IO | &nbsp;&nbsp;&nbsp;BANK, Ser 2017-BNK8, Cl XA, IO |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.841%, 11/15/2050(A) | 1318 | 13 |
| &nbsp;&nbsp;&nbsp;BANK, Ser 2019-BNK21, Cl XA, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.946%, 10/17/2052(A) | 3915 | 99 |
| &nbsp;&nbsp;&nbsp;BANK5 Trust, Ser 2023-5YR2, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.656%, 07/15/2056(A) | 733 | 773 |
| &nbsp;&nbsp;&nbsp;BANK5 Trust, Ser 2024-5YR6, Cl C | &nbsp;&nbsp;&nbsp;BANK5 Trust, Ser 2024-5YR6, Cl C | &nbsp;&nbsp;&nbsp;BANK5 Trust, Ser 2024-5YR6, Cl C |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.199%, 05/15/2057(A) | 100 | 105 |
| &nbsp;&nbsp;&nbsp;Barclays Commercial Mortgage Trust, Ser 2019-C3, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.319%, 05/15/2052 | 569 | 555 |
| &nbsp;&nbsp;&nbsp;BBCMS Mortgage Trust, Ser 2024-5C31, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.609%, 12/15/2057 | 495 | 518 |
| &nbsp;&nbsp;&nbsp;BDS, Ser 2025-FL15, Cl C | &nbsp;&nbsp;&nbsp;BDS, Ser 2025-FL15, Cl C | &nbsp;&nbsp;&nbsp;BDS, Ser 2025-FL15, Cl C |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.109%, TSFR1M + 2.150%, 03/19/2043(A)(B) | 230 | 230 |
| &nbsp;&nbsp;&nbsp;Benchmark Mortgage Trust, Ser 2019-B13, Cl A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.952%, 08/15/2057 | 592 | 563 |
| &nbsp;&nbsp;&nbsp;Benchmark Mortgage Trust, Ser 2020-B17, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.211%, 03/15/2053 | 211 | 200 |
| &nbsp;&nbsp;&nbsp;Benchmark Mortgage Trust, Ser 2020-B22, Cl ASB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.731%, 01/15/2054 | 474 | 447 |
| &nbsp;&nbsp;&nbsp;BOCA Commercial Mortgage Trust, Ser 2024-BOCA, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.880%, TSFR1M + 1.921%, 08/15/2041(A)(B) | 190 | 190 |
| &nbsp;&nbsp;&nbsp;BRAVO Residential Funding Trust, Ser 2022-NQM3, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.108%, 07/25/2062(A)(B) | 118 | 118 |
| &nbsp;&nbsp;&nbsp;BX Commercial Mortgage Trust 2025-JDI, Ser JDI, Cl C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, TSFR1M + 1.750%, 11/15/2042(A)(B) | 245 | 245 |
| &nbsp;&nbsp;&nbsp;BX Commercial Mortgage Trust, Ser 2020-VIV3, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.662%, 03/09/2044(A)(B) | 230 | 218 |
| &nbsp;&nbsp;&nbsp;BX Commercial Mortgage Trust, Ser 2021-VOLT, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.774%, TSFR1M + 0.814%, 09/15/2036(A)(B) | 278 | 278 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value <br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp;BX Commercial Mortgage Trust, Ser 2023-XL3, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.720%, TSFR1M + 1.761%, 12/09/2040(A)(B) | $336 | $336 |
| &nbsp;&nbsp;&nbsp;BX Commercial Mortgage Trust, Ser 2024-KING, Cl E |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.720%, TSFR1M + 3.688%, 05/15/2034(A)(B) | 158 | 158 |
| &nbsp;&nbsp;&nbsp;BX Commercial Mortgage Trust, Ser 2024-XL5, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.351%, TSFR1M + 1.392%, 03/15/2041(A)(B) | 364 | 364 |
| &nbsp;&nbsp;&nbsp;BX Trust 2025-VOLT, Ser VOLT, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.700%, TSFR1M + 1.700%, 12/15/2044(A)(B) | 671 | 671 |
| &nbsp;&nbsp;&nbsp;BX Trust, Ser 2024-BIO, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.900%, TSFR1M + 1.941%, 02/15/2041(A)(B) | 220 | 219 |
| &nbsp;&nbsp;&nbsp;BX Trust, Ser 2025-VLT6, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.402%, TSFR1M + 1.443%, 03/15/2042(A)(B) | 329 | 328 |
| &nbsp;&nbsp;&nbsp;CD Mortgage Trust, Ser 2017-CD5, Cl A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.431%, 08/15/2050 | 180 | 177 |
| &nbsp;&nbsp;&nbsp;Chase Home Lending Mortgage Trust Series 2025-11, Ser 2025-11, Cl A4A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 02/25/2056(A)(B) | 642 | 641 |
| &nbsp;&nbsp;&nbsp;Chase Home Lending Mortgage Trust, Ser 2024-10, Cl A4A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 10/25/2055(A)(B) | 298 | 299 |
| &nbsp;&nbsp;&nbsp;Citigroup Commercial Mortgage Trust, Ser 2019-C7, Cl XA, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.944%, 12/15/2072(A) | 967 | 28 |
| &nbsp;&nbsp;&nbsp;Cross Mortgage Trust, Ser 2024-H2, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.093%, 04/25/2069(B)(C) | 218 | 220 |
| &nbsp;&nbsp;&nbsp;Cross Mortgage Trust, Ser 2025-H4, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.778%, 06/25/2070(B)(C) | 371 | 373 |
| &nbsp;&nbsp;&nbsp;CSMC Trust, Ser 2021-NQM5, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.938%, 05/25/2066(A)(B) | 423 | 362 |
| &nbsp;&nbsp;&nbsp;CSMC Trust, Ser 2022-NQM5, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.169%, 05/25/2067(A)(B) | 146 | 146 |
| &nbsp;&nbsp;&nbsp;CSMC Trust, Ser 2022-RPL4, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.904%, 04/25/2062(A)(B) | 165 | 159 |
| &nbsp;&nbsp;&nbsp;FHLMC Seasoned Credit Risk Transfer Trust, Ser 2018-4, Cl MA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 03/25/2058 | 71 | 70 |
| &nbsp;&nbsp;&nbsp;FHLMC STACR REMIC Trust, Ser 2021-DNA6, Cl M2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.572%, SOFR30A + 1.500%, 10/25/2041(A)(B) | 212 | 213 |
| &nbsp;&nbsp;&nbsp;FHLMC STACR REMIC Trust, Ser 2022-DNA2, Cl M2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.822%, SOFR30A + 3.750%, 02/25/2042(A)(B) | 110 | 113 |

---

SEI Catholic Values Trust 13

**SCHEDULE OF INVESTMENTS (Unaudited)** <br> November 30, 2025

**Catholic Values Fixed Income Fund**

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value <br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp;FHLMC STACR REMIC Trust, Ser 2022-DNA6, Cl M1A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.222%, SOFR30A + 2.150%, 09/25/2042(A)(B) | $25 | $25 |
| &nbsp;&nbsp;&nbsp;FHLMC STACR REMIC Trust, Ser 2024-DNA1, Cl M2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.022%, SOFR30A + 1.950%, 02/25/2044(A)(B) | 250 | 252 |
| &nbsp;&nbsp;&nbsp;FS Commercial Mortgage Trust, Ser 2023-4SZN, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.544%, 11/10/2039(A)(B) | 160 | 164 |
| &nbsp;&nbsp;&nbsp;GCAT Trust, Ser 2024-INV1, Cl 1A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 01/25/2054(A)(B) | 148 | 149 |
| &nbsp;&nbsp;&nbsp;GCAT Trust, Ser 2025-INV2, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 05/25/2055(A)(B) | 401 | 407 |
| &nbsp;&nbsp;&nbsp;GNMA | &nbsp;&nbsp;&nbsp;GNMA | &nbsp;&nbsp;&nbsp;GNMA |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 10/20/2053 | 629 | 631 |
| &nbsp;&nbsp;&nbsp;GS Mortgage Backed Securities Trust, Ser 2025-PJ5, Cl A5 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 10/25/2055(A)(B) | 277 | 279 |
| &nbsp;&nbsp;&nbsp;GS Mortgage Securities Trust, Ser 2020-GSA2, Cl AAB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.662%, 12/12/2053 | 223 | 212 |
| &nbsp;&nbsp;&nbsp;GS Mortgage-Backed Securities Trust 2025-PJ8, Ser 2025-PJ8, Cl A5 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 02/25/2056(A)(B) | 557 | 561 |
| &nbsp;&nbsp;&nbsp;GS Mortgage-Backed Securities Trust, Ser 2025-PJ6, Cl A8 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 11/25/2055(A)(B) | 272 | 274 |
| &nbsp;&nbsp;&nbsp;GS Mortgage-Backed Securities Trust, Ser 2025-PJ7, Cl A5 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 12/25/2055(A)(B) | 286 | 288 |
| &nbsp;&nbsp;&nbsp;HOMES Trust, Ser 2024-NQM2, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.717%, 10/25/2069(B)(C) | 240 | 242 |
| &nbsp;&nbsp;&nbsp;JPMDB Commercial Mortgage Securities Trust, Ser 2017-C7, Cl XA, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.964%, 10/15/2050(A) | 1163 | 14 |
| &nbsp;&nbsp;&nbsp;JPMorgan Mortgage Trust, Ser 2020-3, Cl A3A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.000%, 08/25/2050(A)(B) | 51 | 45 |
| &nbsp;&nbsp;&nbsp;JPMorgan Mortgage Trust, Ser 2024-4, Cl A4A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 10/25/2054(A)(B) | 133 | 134 |
| &nbsp;&nbsp;&nbsp;JPMorgan Mortgage Trust, Ser 2025-CCM1, Cl A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 06/25/2055(A)(B) | 407 | 410 |
| &nbsp;&nbsp;&nbsp;MF1, Ser 2025-FL17, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.755%, TSFR1M + 1.792%, 02/18/2040(A)(B) | 200 | 200 |
| &nbsp;&nbsp;&nbsp;Morgan Stanley Bank of America Merrill Lynch Trust, Ser 2016-C32, Cl ASB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.514%, 12/15/2049 | 64 | 64 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp;Morgan Stanley Capital I Trust 2019-L3, Ser L3, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.874%, 11/15/2052 | $643 | $617 |
| &nbsp;&nbsp;&nbsp;New Residential Mortgage Loan Trust, Ser 2017-3A, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 04/25/2057(A)(B) | 74 | 72 |
| &nbsp;&nbsp;&nbsp;New Residential Mortgage Loan Trust, Ser 2019-6A, Cl B2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.250%, 09/25/2059(A)(B) | 160 | 157 |
| &nbsp;&nbsp;&nbsp;New Residential Mortgage Loan Trust, Ser 2019-NQM4, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.492%, 09/25/2059(A)(B) | 106 | 103 |
| &nbsp;&nbsp;&nbsp;NJ Trust, Ser 2023-GSP, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.481%, 01/06/2029(A)(B) | 100 | 105 |
| &nbsp;&nbsp;&nbsp;NYC Trust, Ser 2024-3ELV, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.950%, TSFR1M + 1.991%, 08/15/2029(A)(B) | 100 | 100 |
| &nbsp;&nbsp;&nbsp;OBX Trust, Ser 2022-NQM1, Cl A2 | &nbsp;&nbsp;&nbsp;OBX Trust, Ser 2022-NQM1, Cl A2 | &nbsp;&nbsp;&nbsp;OBX Trust, Ser 2022-NQM1, Cl A2 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.001%, 11/25/2061(A)(B) | 120 | 97 |
| &nbsp;&nbsp;&nbsp;OBX Trust, Ser 2022-NQM6, Cl A1 | &nbsp;&nbsp;&nbsp;OBX Trust, Ser 2022-NQM6, Cl A1 | &nbsp;&nbsp;&nbsp;OBX Trust, Ser 2022-NQM6, Cl A1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.700%, 07/25/2062(B)(C) | 128 | 128 |
| &nbsp;&nbsp;&nbsp;OBX Trust, Ser 2022-NQM7, Cl A1 | &nbsp;&nbsp;&nbsp;OBX Trust, Ser 2022-NQM7, Cl A1 | &nbsp;&nbsp;&nbsp;OBX Trust, Ser 2022-NQM7, Cl A1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.110%, 08/25/2062(B)(C) | 125 | 125 |
| &nbsp;&nbsp;&nbsp;OBX Trust, Ser 2023-NQM6, Cl A1 | &nbsp;&nbsp;&nbsp;OBX Trust, Ser 2023-NQM6, Cl A1 | &nbsp;&nbsp;&nbsp;OBX Trust, Ser 2023-NQM6, Cl A1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.520%, 07/25/2063(B)(C) | 157 | 158 |
| &nbsp;&nbsp;&nbsp;OBX Trust, Ser 2023-NQM7, Cl A1 | &nbsp;&nbsp;&nbsp;OBX Trust, Ser 2023-NQM7, Cl A1 | &nbsp;&nbsp;&nbsp;OBX Trust, Ser 2023-NQM7, Cl A1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.844%, 04/25/2063(B)(C) | 129 | 131 |
| &nbsp;&nbsp;&nbsp;OBX Trust, Ser 2024-NQM3, Cl A3 | &nbsp;&nbsp;&nbsp;OBX Trust, Ser 2024-NQM3, Cl A3 | &nbsp;&nbsp;&nbsp;OBX Trust, Ser 2024-NQM3, Cl A3 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.433%, 12/25/2063(B)(C) | 60 | 60 |
| &nbsp;&nbsp;&nbsp;Pret, Ser 2025-NPL7, Cl A1 | &nbsp;&nbsp;&nbsp;Pret, Ser 2025-NPL7, Cl A1 | &nbsp;&nbsp;&nbsp;Pret, Ser 2025-NPL7, Cl A1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.657%, 07/25/2055(B)(C) | 105 | 106 |
| &nbsp;&nbsp;&nbsp;PRKCM Trust, Ser 2022-AFC1, Cl A1A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.100%, 04/25/2057(A)(B) | 65 | 65 |
| &nbsp;&nbsp;&nbsp;PRPM 2025-RCF3, Ser 2025-RCF3, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 07/25/2055(B)(C) | 385 | 387 |
| &nbsp;&nbsp;&nbsp;PRPM Trust, Ser 2024-NQM4, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.674%, 12/26/2069(B)(C) | 331 | 333 |
| &nbsp;&nbsp;&nbsp;PRPM, Ser 2024-RCF1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 01/25/2054(B)(C) | 398 | 394 |
| &nbsp;&nbsp;&nbsp;Sequoia Mortgage Trust, Ser 2024-4, Cl A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 05/25/2054(A)(B) | 153 | 154 |
| &nbsp;&nbsp;&nbsp;Sequoia Mortgage Trust, Ser 2024-7, Cl A11 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 08/25/2054(A)(B) | 97 | 97 |
| &nbsp;&nbsp;&nbsp;Sequoia Mortgage Trust, Ser 2025-2, Cl A5 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 03/25/2055(A)(B) | 278 | 280 |
| &nbsp;&nbsp;&nbsp;Sequoia Mortgage Trust, Ser 2025-4, Cl A5 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 04/25/2055(A)(B) | 269 | 270 |
| &nbsp;&nbsp;&nbsp;SFAVE Commercial Mortgage Securities Trust, Ser 2015-5AVE, Cl A2A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.659%, 01/05/2043(A)(B) | 195 | 165 |
| &nbsp;&nbsp;&nbsp;SFAVE Commercial Mortgage Securities Trust, Ser 2015-5AVE, Cl A2B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.144%, 01/05/2043(A)(B) | 250 | 218 |

---

14 SEI Catholic Values Trust

**SCHEDULE OF INVESTMENTS (Unaudited)** <br> November 30, 2025

**Catholic Values Fixed Income Fund**

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value <br> ($ Thousands) | Market Value <br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp;SG Commercial Mortgage Securities Trust, Ser 2016-C5, Cl A3 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.779%, 10/10/2048 | $| 170 | $| 169 |
| &nbsp;&nbsp;&nbsp;SLG Office Trust, Ser 2021-OVA, Cl C |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.851%, 07/15/2041(B) |  | 400 |  | 356 |
| &nbsp;&nbsp;&nbsp;SMRT, Ser 2022-MINI, Cl D |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.909%, TSFR1M + 1.950%, 01/15/2039(A)(B) |  | 210 |  | 209 |
| &nbsp;&nbsp;&nbsp;UBS Commercial Mortgage Trust, Ser 2018-C13, Cl ASB |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.241%, 10/15/2051 |  | 310 |  | 310 |
| &nbsp;&nbsp;&nbsp;WaMu Mortgage Pass-Through Certificates, Ser 2005-AR8, Cl 2A1A |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.649%, TSFR1M + 0.694%, 07/25/2045(A) |  | 432 |  | 419 |
| &nbsp;&nbsp;&nbsp;Wells Fargo Commercial Mortgage Trust 2025-5C6, Ser 5C6, Cl A3 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.186%, 10/15/2058 |  | 486 |  | 502 |
| &nbsp;&nbsp;&nbsp;Wells Fargo Commercial Mortgage Trust, Ser 2016-C37, Cl A4 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.525%, 12/15/2049 |  | 128 |  | 127 |
|  |  |  |  | 22060 |
| Total Mortgage-Backed Securities |  |  |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $95,158) ($ Thousands) |  |  |  | 94395 |
| **U.S. TREASURY OBLIGATIONS — 30.8%** | **U.S. TREASURY OBLIGATIONS — 30.8%** | **U.S. TREASURY OBLIGATIONS — 30.8%** | **U.S. TREASURY OBLIGATIONS — 30.8%** | **U.S. TREASURY OBLIGATIONS — 30.8%** |
| &nbsp;&nbsp;&nbsp;U.S. Treasury Bonds |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.875%, 08/15/2045 |  | 731 |  | 754 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 08/15/2055 |  | 692 |  | 701 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.625%, 05/15/2044 |  | 390 |  | 391 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.625%, 11/15/2044 |  | 1022 |  | 1022 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.625%, 02/15/2055 |  | 592 |  | 587 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.625%, 11/15/2055 |  | 10648 |  | 10572 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 02/15/2044 |  | 1002 |  | 990 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.375%, 08/15/2043 |  | 3922 |  | 3823 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.250%, 02/15/2054 |  | 969 |  | 902 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.250%, 08/15/2054 |  | 969 |  | 902 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.125%, 08/15/2053 |  | 404 |  | 368 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.875%, 05/15/2043 |  | 2633 |  | 2411 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.625%, 05/15/2053 |  | 3227 |  | 2689 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.375%, 08/15/2042 |  | 345 |  | 297 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.000%, 08/15/2052 |  | 1758 |  | 1299 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.375%, 02/15/2042 |  | 526 |  | 395 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.250%, 02/15/2052 |  | 116 |  | 73 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.000%, 08/15/2051 |  | 236 |  | 140 |
| &nbsp;&nbsp;&nbsp;U.S. Treasury Inflation Indexed Bonds |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.125%, 01/15/2030 |  | 605 |  | 577 |
| &nbsp;&nbsp;&nbsp;U.S. Treasury Notes |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.250%, 11/15/2034 |  | 41 |  | 42 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.250%, 05/15/2035 |  | 1872 |  | 1911 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 05/31/2030 |  | 4434 |  | 4510 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **U.S. TREASURY OBLIGATIONS (continued)** | **U.S. TREASURY OBLIGATIONS (continued)** | **U.S. TREASURY OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 11/15/2035 | 4846 | 4838 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.750%, 10/31/2032 | 2475 | 2469 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.750%, 11/30/2032 | 730 | 728 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.625%, 08/31/2030 | 1538 | 1539 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.625%, 10/31/2030 | 17291 | 17306 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 10/31/2027 | 8794 | 8792 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 10/15/2028 | 239 | 239 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 11/15/2028 | 2535 | 2536 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 11/30/2030 | 1610 | 1603 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.375%, 11/30/2027 | 1315 | 1312 |
| Total U.S. Treasury Obligations | Total U.S. Treasury Obligations | Total U.S. Treasury Obligations |
| &nbsp;&nbsp;&nbsp;(Cost $76,760) ($ Thousands) |  | 76718 |
| **CORPORATE OBLIGATIONS — 23.5%** | **CORPORATE OBLIGATIONS — 23.5%** | **CORPORATE OBLIGATIONS — 23.5%** |
| **Communication Services — 2.3%** | **Communication Services — 2.3%** | **Communication Services — 2.3%** |
| &nbsp;&nbsp;&nbsp;Altice Financing | &nbsp;&nbsp;&nbsp;Altice Financing | &nbsp;&nbsp;&nbsp;Altice Financing |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.625%, 07/15/2027 (B) | 10 | 8 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 08/15/2029 (B) | 24 | 16 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 01/15/2028 (B) | 7 | 5 |
| &nbsp;&nbsp;&nbsp;Altice France | &nbsp;&nbsp;&nbsp;Altice France | &nbsp;&nbsp;&nbsp;Altice France |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.500%, 11/01/2029 (B)(D) | 2 | 2 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, 04/15/2032 (B)(D) | 3 | 3 |
| &nbsp;&nbsp;&nbsp;AT&T | &nbsp;&nbsp;&nbsp;AT&T | &nbsp;&nbsp;&nbsp;AT&T |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.650%, 09/15/2059 | 109 | 74 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 06/01/2041 | 151 | 120 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.550%, 12/01/2033 | 339 | 291 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.300%, 06/01/2027 | 60 | 59 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.250%, 02/01/2032 | 50 | 44 |
| &nbsp;&nbsp;&nbsp;CCO Holdings | &nbsp;&nbsp;&nbsp;CCO Holdings | &nbsp;&nbsp;&nbsp;CCO Holdings |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 02/01/2032 (B) | 100 | 92 |
| &nbsp;&nbsp;&nbsp;Charter Communications Operating | &nbsp;&nbsp;&nbsp;Charter Communications Operating | &nbsp;&nbsp;&nbsp;Charter Communications Operating |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.550%, 06/01/2034 | 110 | 116 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.484%, 10/23/2045 | 20 | 19 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.384%, 10/23/2035 | 413 | 427 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.375%, 04/01/2038 | 10 | 9 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 07/01/2049 | 10 | 8 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.400%, 04/01/2033 | 270 | 255 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 03/01/2042 | 10 | 7 |
| &nbsp;&nbsp;&nbsp;Comcast | &nbsp;&nbsp;&nbsp;Comcast | &nbsp;&nbsp;&nbsp;Comcast |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.168%, 01/15/2037 (B) | 188 | 188 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.250%, 10/15/2030 | 200 | 201 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.150%, 10/15/2028 | 40 | 40 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.400%, 04/01/2030 | 20 | 19 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.150%, 03/01/2026 | 20 | 20 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.887%, 11/01/2051 | 224 | 136 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.350%, 01/15/2027 | 260 | 255 |
| &nbsp;&nbsp;&nbsp;Cox Communications | &nbsp;&nbsp;&nbsp;Cox Communications | &nbsp;&nbsp;&nbsp;Cox Communications |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.350%, 09/15/2026 (B) | 231 | 229 |
| &nbsp;&nbsp;&nbsp;CSC Holdings | &nbsp;&nbsp;&nbsp;CSC Holdings | &nbsp;&nbsp;&nbsp;CSC Holdings |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 11/15/2031 (B) | 200 | 113 |

---

SEI Catholic Values Trust 15

**SCHEDULE OF INVESTMENTS (Unaudited)** <br> November 30, 2025

**Catholic Values Fixed Income Fund**

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value <br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;EchoStar | &nbsp;&nbsp;&nbsp;EchoStar | &nbsp;&nbsp;&nbsp;EchoStar |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.750%, 11/30/2029 | 17 | 19 |
| &nbsp;&nbsp;&nbsp;Fox | &nbsp;&nbsp;&nbsp;Fox | &nbsp;&nbsp;&nbsp;Fox |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, 10/13/2033 | 50 | 55 |
| &nbsp;&nbsp;&nbsp;Frontier Communications Holdings | &nbsp;&nbsp;&nbsp;Frontier Communications Holdings | &nbsp;&nbsp;&nbsp;Frontier Communications Holdings |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.625%, 03/15/2031 (B) | 100 | 106 |
| &nbsp;&nbsp;&nbsp;Meta Platforms | &nbsp;&nbsp;&nbsp;Meta Platforms | &nbsp;&nbsp;&nbsp;Meta Platforms |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.625%, 11/15/2055 | 315 | 314 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.600%, 05/15/2053 | 20 | 20 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.875%, 11/15/2035 | 105 | 106 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.600%, 11/15/2032 | 518 | 526 |
| &nbsp;&nbsp;&nbsp;Scripps Escrow II | &nbsp;&nbsp;&nbsp;Scripps Escrow II | &nbsp;&nbsp;&nbsp;Scripps Escrow II |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.875%, 01/15/2029 (B) | 8 | 7 |
| &nbsp;&nbsp;&nbsp;Sinclair Television Group | &nbsp;&nbsp;&nbsp;Sinclair Television Group | &nbsp;&nbsp;&nbsp;Sinclair Television Group |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.125%, 02/15/2033 (B) | 5 | 5 |
| &nbsp;&nbsp;&nbsp;Sirius XM Radio | &nbsp;&nbsp;&nbsp;Sirius XM Radio | &nbsp;&nbsp;&nbsp;Sirius XM Radio |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 08/01/2027 (B) | 56 | 56 |
| &nbsp;&nbsp;&nbsp;Snap | &nbsp;&nbsp;&nbsp;Snap | &nbsp;&nbsp;&nbsp;Snap |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.875%, 03/01/2033 (B) | 30 | 31 |
| &nbsp;&nbsp;&nbsp;Sprint Spectrum | &nbsp;&nbsp;&nbsp;Sprint Spectrum | &nbsp;&nbsp;&nbsp;Sprint Spectrum |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.152%, 03/20/2028 (B) | 167 | 169 |
| &nbsp;&nbsp;&nbsp;Time Warner Cable | &nbsp;&nbsp;&nbsp;Time Warner Cable | &nbsp;&nbsp;&nbsp;Time Warner Cable |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.300%, 07/01/2038 | 90 | 96 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.550%, 05/01/2037 | 10 | 10 |
| &nbsp;&nbsp;&nbsp;Time Warner Cable Enterprises | &nbsp;&nbsp;&nbsp;Time Warner Cable Enterprises | &nbsp;&nbsp;&nbsp;Time Warner Cable Enterprises |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.375%, 07/15/2033 | 50 | 58 |
| &nbsp;&nbsp;&nbsp;T-Mobile USA | &nbsp;&nbsp;&nbsp;T-Mobile USA | &nbsp;&nbsp;&nbsp;T-Mobile USA |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.150%, 04/15/2034 | 40 | 41 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.875%, 04/15/2030 | 885 | 872 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.750%, 04/15/2027 | 10 | 10 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.400%, 10/15/2052 | 30 | 21 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.375%, 04/15/2029 | 20 | 19 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.875%, 02/15/2031 | 20 | 19 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.625%, 02/15/2029 | 40 | 38 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.550%, 02/15/2031 | 20 | 18 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.250%, 02/15/2026 | 10 | 10 |
| &nbsp;&nbsp;&nbsp;Verizon Communications | &nbsp;&nbsp;&nbsp;Verizon Communications | &nbsp;&nbsp;&nbsp;Verizon Communications |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.780%, 02/15/2035 | 272 | 270 |
| &nbsp;&nbsp;&nbsp;Vmed O2 UK Financing I | &nbsp;&nbsp;&nbsp;Vmed O2 UK Financing I | &nbsp;&nbsp;&nbsp;Vmed O2 UK Financing I |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 07/15/2031 (B) | 27 | 25 |
| &nbsp;&nbsp;&nbsp;Warnermedia Holdings | &nbsp;&nbsp;&nbsp;Warnermedia Holdings | &nbsp;&nbsp;&nbsp;Warnermedia Holdings |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.141%, 03/15/2052 | 2 | 2 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.050%, 03/15/2042 | 10 | 8 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.054%, 03/15/2029 | 20 | 19 |
| &nbsp;&nbsp;&nbsp;Windstream Services | &nbsp;&nbsp;&nbsp;Windstream Services | &nbsp;&nbsp;&nbsp;Windstream Services |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.250%, 10/01/2031 (B) | 10 | 10 |
| &nbsp;&nbsp;&nbsp;Zayo Group Holdings | &nbsp;&nbsp;&nbsp;Zayo Group Holdings | &nbsp;&nbsp;&nbsp;Zayo Group Holdings |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.250%, 03/09/2030 (B) | 42 | 38 |
|  |  | 5754 |
| **Consumer Discretionary — 1.8%** | **Consumer Discretionary — 1.8%** | **Consumer Discretionary — 1.8%** |
| &nbsp;&nbsp;&nbsp;Amazon.com | &nbsp;&nbsp;&nbsp;Amazon.com | &nbsp;&nbsp;&nbsp;Amazon.com |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.950%, 12/05/2044 | 127 | 125 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value <br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.100%, 04/13/2062 | $374 | $296 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.875%, 08/22/2037 | 280 | 260 |
| &nbsp;&nbsp;&nbsp;American Honda Finance | &nbsp;&nbsp;&nbsp;American Honda Finance | &nbsp;&nbsp;&nbsp;American Honda Finance |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.150%, 07/09/2032 | 346 | 357 |
| &nbsp;&nbsp;&nbsp;Ashtead Capital | &nbsp;&nbsp;&nbsp;Ashtead Capital | &nbsp;&nbsp;&nbsp;Ashtead Capital |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.450%, 08/12/2031 (B) | 529 | 473 |
| &nbsp;&nbsp;&nbsp;BCPE Flavor Debt Merger Sub and BCPE Flavor Issuer |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.500%, 07/01/2032 (B) | 15 | 15 |
| &nbsp;&nbsp;&nbsp;CSC Holdings | &nbsp;&nbsp;&nbsp;CSC Holdings | &nbsp;&nbsp;&nbsp;CSC Holdings |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.750%, 01/31/2029 (B) | 115 | 81 |
| &nbsp;&nbsp;&nbsp;DISH Network | &nbsp;&nbsp;&nbsp;DISH Network | &nbsp;&nbsp;&nbsp;DISH Network |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.750%, 11/15/2027 (B) | 33 | 35 |
| &nbsp;&nbsp;&nbsp;Element Fleet Management | &nbsp;&nbsp;&nbsp;Element Fleet Management | &nbsp;&nbsp;&nbsp;Element Fleet Management |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.641%, 11/24/2030 (B) | 259 | 260 |
| &nbsp;&nbsp;&nbsp;Ferrellgas | &nbsp;&nbsp;&nbsp;Ferrellgas | &nbsp;&nbsp;&nbsp;Ferrellgas |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.250%, 01/15/2031 (B) | 82 | 83 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.875%, 04/01/2029 (B) | 32 | 30 |
| &nbsp;&nbsp;&nbsp;General Motors Financial | &nbsp;&nbsp;&nbsp;General Motors Financial | &nbsp;&nbsp;&nbsp;General Motors Financial |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.400%, 10/15/2028 | 553 | 527 |
| &nbsp;&nbsp;&nbsp;Getty Images | &nbsp;&nbsp;&nbsp;Getty Images | &nbsp;&nbsp;&nbsp;Getty Images |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.500%, 11/15/2030 (B) | 25 | 26 |
| &nbsp;&nbsp;&nbsp;Grand Canyon University | &nbsp;&nbsp;&nbsp;Grand Canyon University | &nbsp;&nbsp;&nbsp;Grand Canyon University |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 10/01/2028 | 15 | 15 |
| &nbsp;&nbsp;&nbsp;Home Depot | &nbsp;&nbsp;&nbsp;Home Depot | &nbsp;&nbsp;&nbsp;Home Depot |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.300%, 04/15/2040 | 10 | 8 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.250%, 04/15/2032 | 50 | 47 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.700%, 04/15/2030 | 20 | 19 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.500%, 04/15/2027 | 30 | 30 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.375%, 03/15/2031 | 50 | 43 |
| &nbsp;&nbsp;&nbsp;Lowe's | &nbsp;&nbsp;&nbsp;Lowe's | &nbsp;&nbsp;&nbsp;Lowe's |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.625%, 04/15/2053 | 245 | 242 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 04/15/2040 | 53 | 52 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 04/15/2030 | 20 | 20 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.700%, 04/15/2046 | 96 | 74 |
| &nbsp;&nbsp;&nbsp;McDonald's MTN | &nbsp;&nbsp;&nbsp;McDonald's MTN | &nbsp;&nbsp;&nbsp;McDonald's MTN |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.700%, 12/09/2035 | 55 | 55 |
| &nbsp;&nbsp;&nbsp;Michaels | &nbsp;&nbsp;&nbsp;Michaels | &nbsp;&nbsp;&nbsp;Michaels |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 05/01/2028 (B) | 122 | 115 |
| &nbsp;&nbsp;&nbsp;Rentokil Terminix Funding | &nbsp;&nbsp;&nbsp;Rentokil Terminix Funding | &nbsp;&nbsp;&nbsp;Rentokil Terminix Funding |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 04/28/2030 (B) | 450 | 459 |
| &nbsp;&nbsp;&nbsp;Starbucks | &nbsp;&nbsp;&nbsp;Starbucks | &nbsp;&nbsp;&nbsp;Starbucks |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.400%, 05/15/2035 | 30 | 31 |
| &nbsp;&nbsp;&nbsp;Triton Container International | &nbsp;&nbsp;&nbsp;Triton Container International | &nbsp;&nbsp;&nbsp;Triton Container International |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.250%, 03/15/2032 | 422 | 381 |
| &nbsp;&nbsp;&nbsp;Upbound Group | &nbsp;&nbsp;&nbsp;Upbound Group | &nbsp;&nbsp;&nbsp;Upbound Group |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.375%, 02/15/2029 (B) | 25 | 24 |
| &nbsp;&nbsp;&nbsp;Volkswagen Group of America Finance | &nbsp;&nbsp;&nbsp;Volkswagen Group of America Finance | &nbsp;&nbsp;&nbsp;Volkswagen Group of America Finance |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.800%, 03/27/2035 (B) | 55 | 57 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.650%, 03/25/2032 (B) | 145 | 151 |
| &nbsp;&nbsp;&nbsp;Voyager Parent | &nbsp;&nbsp;&nbsp;Voyager Parent | &nbsp;&nbsp;&nbsp;Voyager Parent |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.250%, 07/01/2032 (B) | 43 | 46 |

---

16 SEI Catholic Values Trust

**SCHEDULE OF INVESTMENTS (Unaudited)** <br> November 30, 2025

**Catholic Values Fixed Income Fund**

---

| | | |
|:---|:---|:---|
| Description | Face Amount<br> (Thousands) | Market Value <br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;VZ Secured Financing BV | &nbsp;&nbsp;&nbsp;VZ Secured Financing BV | &nbsp;&nbsp;&nbsp;VZ Secured Financing BV |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 01/15/2032 (B) | 60 | 55 |
|  |  | 4492 |
| **Consumer Staples — 0.3%** | **Consumer Staples — 0.3%** | **Consumer Staples — 0.3%** |
| &nbsp;&nbsp;&nbsp;Coca-Cola | &nbsp;&nbsp;&nbsp;Coca-Cola | &nbsp;&nbsp;&nbsp;Coca-Cola |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.375%, 03/25/2027 | 20 | 20 |
| &nbsp;&nbsp;&nbsp;Constellation Brands | &nbsp;&nbsp;&nbsp;Constellation Brands | &nbsp;&nbsp;&nbsp;Constellation Brands |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.800%, 05/01/2030 | 160 | 163 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.350%, 05/09/2027 | 20 | 20 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.250%, 08/01/2031 | 170 | 151 |
| &nbsp;&nbsp;&nbsp;Costco Wholesale | &nbsp;&nbsp;&nbsp;Costco Wholesale | &nbsp;&nbsp;&nbsp;Costco Wholesale |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.600%, 04/20/2030 | 40 | 36 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.375%, 06/20/2027 | 70 | 68 |
| &nbsp;&nbsp;&nbsp;Energizer Holdings | &nbsp;&nbsp;&nbsp;Energizer Holdings | &nbsp;&nbsp;&nbsp;Energizer Holdings |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 09/15/2033 (B) | 60 | 56 |
| &nbsp;&nbsp;&nbsp;Kraft Heinz Foods | &nbsp;&nbsp;&nbsp;Kraft Heinz Foods | &nbsp;&nbsp;&nbsp;Kraft Heinz Foods |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.250%, 03/01/2031 | 10 | 10 |
| &nbsp;&nbsp;&nbsp;Opal Bidco SAS | &nbsp;&nbsp;&nbsp;Opal Bidco SAS | &nbsp;&nbsp;&nbsp;Opal Bidco SAS |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, 03/31/2032 (B) | 25 | 26 |
| &nbsp;&nbsp;&nbsp;Post Holdings | &nbsp;&nbsp;&nbsp;Post Holdings | &nbsp;&nbsp;&nbsp;Post Holdings |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.250%, 02/15/2032 (B) | 100 | 103 |
| &nbsp;&nbsp;&nbsp;Spectrum Brands | &nbsp;&nbsp;&nbsp;Spectrum Brands | &nbsp;&nbsp;&nbsp;Spectrum Brands |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.875%, 03/15/2031 (B) | 60 | 49 |
|  |  | 702 |
| **Energy — 1.8%** | **Energy — 1.8%** | **Energy — 1.8%** |
| &nbsp;&nbsp;&nbsp;Blue Racer Midstream | &nbsp;&nbsp;&nbsp;Blue Racer Midstream | &nbsp;&nbsp;&nbsp;Blue Racer Midstream |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.250%, 07/15/2032 (B) | 20 | 21 |
| &nbsp;&nbsp;&nbsp;BP Capital Markets America | &nbsp;&nbsp;&nbsp;BP Capital Markets America | &nbsp;&nbsp;&nbsp;BP Capital Markets America |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.633%, 04/06/2030 | 20 | 20 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.588%, 04/14/2027 | 10 | 10 |
| &nbsp;&nbsp;&nbsp;Cheniere Energy | &nbsp;&nbsp;&nbsp;Cheniere Energy | &nbsp;&nbsp;&nbsp;Cheniere Energy |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.625%, 10/15/2028 | 20 | 20 |
| &nbsp;&nbsp;&nbsp;Cheniere Energy Partners | &nbsp;&nbsp;&nbsp;Cheniere Energy Partners | &nbsp;&nbsp;&nbsp;Cheniere Energy Partners |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 03/01/2031 | 10 | 10 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.250%, 01/31/2032 | 40 | 37 |
| &nbsp;&nbsp;&nbsp;Chevron | &nbsp;&nbsp;&nbsp;Chevron | &nbsp;&nbsp;&nbsp;Chevron |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.954%, 05/16/2026 | 30 | 30 |
| &nbsp;&nbsp;&nbsp;Chevron USA | &nbsp;&nbsp;&nbsp;Chevron USA | &nbsp;&nbsp;&nbsp;Chevron USA |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.850%, 01/15/2028 | 30 | 30 |
| &nbsp;&nbsp;&nbsp;Columbia Pipelines Operating | &nbsp;&nbsp;&nbsp;Columbia Pipelines Operating | &nbsp;&nbsp;&nbsp;Columbia Pipelines Operating |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.544%, 11/15/2053 (B) | 20 | 22 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.036%, 11/15/2033 (B) | 435 | 467 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.439%, 02/15/2035 (B) | 246 | 253 |
| &nbsp;&nbsp;&nbsp;ConocoPhillips | &nbsp;&nbsp;&nbsp;ConocoPhillips | &nbsp;&nbsp;&nbsp;ConocoPhillips |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.550%, 03/15/2054 | 78 | 77 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 01/15/2055 | 124 | 121 |
| &nbsp;&nbsp;&nbsp;Diamondback Energy | &nbsp;&nbsp;&nbsp;Diamondback Energy | &nbsp;&nbsp;&nbsp;Diamondback Energy |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.250%, 03/15/2033 | 214 | 232 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.550%, 04/01/2035 | 322 | 333 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.250%, 12/01/2026 | 10 | 10 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value <br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;Ecopetrol | &nbsp;&nbsp;&nbsp;Ecopetrol | &nbsp;&nbsp;&nbsp;Ecopetrol |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.625%, 11/02/2031 | $120 | $107 |
| &nbsp;&nbsp;&nbsp;Energy Transfer | &nbsp;&nbsp;&nbsp;Energy Transfer | &nbsp;&nbsp;&nbsp;Energy Transfer |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 02/15/2033 | 169 | 179 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.550%, 05/15/2034 | 101 | 104 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.950%, 06/15/2028 | 20 | 20 |
| &nbsp;&nbsp;&nbsp;EOG Resources | &nbsp;&nbsp;&nbsp;EOG Resources | &nbsp;&nbsp;&nbsp;EOG Resources |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.150%, 01/15/2026 | 50 | 50 |
| &nbsp;&nbsp;&nbsp;Global Partners | &nbsp;&nbsp;&nbsp;Global Partners | &nbsp;&nbsp;&nbsp;Global Partners |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.250%, 01/15/2032 (B) | 5 | 5 |
| &nbsp;&nbsp;&nbsp;Gulfstream Natural Gas System | &nbsp;&nbsp;&nbsp;Gulfstream Natural Gas System | &nbsp;&nbsp;&nbsp;Gulfstream Natural Gas System |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.600%, 07/23/2035 (B) | 592 | 610 |
| &nbsp;&nbsp;&nbsp;Kinder Morgan | &nbsp;&nbsp;&nbsp;Kinder Morgan | &nbsp;&nbsp;&nbsp;Kinder Morgan |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.850%, 06/01/2035 | 103 | 109 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.200%, 03/01/2048 | 10 | 9 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.300%, 03/01/2028 | 80 | 81 |
| &nbsp;&nbsp;&nbsp;Kodiak Gas Services | &nbsp;&nbsp;&nbsp;Kodiak Gas Services | &nbsp;&nbsp;&nbsp;Kodiak Gas Services |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, 10/01/2033 (B) | 55 | 56 |
| &nbsp;&nbsp;&nbsp;MPLX | &nbsp;&nbsp;&nbsp;MPLX | &nbsp;&nbsp;&nbsp;MPLX |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.800%, 02/15/2029 | 80 | 81 |
| &nbsp;&nbsp;&nbsp;Occidental Petroleum | &nbsp;&nbsp;&nbsp;Occidental Petroleum | &nbsp;&nbsp;&nbsp;Occidental Petroleum |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.200%, 08/15/2026 | 30 | 30 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.000%, 10/10/2036 (E) | 665 | 400 |
| &nbsp;&nbsp;&nbsp;ONEOK | &nbsp;&nbsp;&nbsp;ONEOK | &nbsp;&nbsp;&nbsp;ONEOK |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.625%, 09/01/2053 | 40 | 42 |
| &nbsp;&nbsp;&nbsp;Phillips 66 | &nbsp;&nbsp;&nbsp;Phillips 66 | &nbsp;&nbsp;&nbsp;Phillips 66 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.550%, 10/01/2026 | 232 | 231 |
| &nbsp;&nbsp;&nbsp;Pioneer Natural Resources | &nbsp;&nbsp;&nbsp;Pioneer Natural Resources | &nbsp;&nbsp;&nbsp;Pioneer Natural Resources |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.125%, 01/15/2026 | 10 | 10 |
| &nbsp;&nbsp;&nbsp;Shell International Finance BV | &nbsp;&nbsp;&nbsp;Shell International Finance BV | &nbsp;&nbsp;&nbsp;Shell International Finance BV |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.875%, 05/10/2026 | 80 | 80 |
| &nbsp;&nbsp;&nbsp;Sunoco | &nbsp;&nbsp;&nbsp;Sunoco | &nbsp;&nbsp;&nbsp;Sunoco |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.875%, H15T5Y + 4.230%(A)(B)(F) | 80 | 81 |
| &nbsp;&nbsp;&nbsp;Targa Resources | &nbsp;&nbsp;&nbsp;Targa Resources | &nbsp;&nbsp;&nbsp;Targa Resources |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.200%, 02/01/2033 | 40 | 38 |
| &nbsp;&nbsp;&nbsp;Targa Resources Partners | &nbsp;&nbsp;&nbsp;Targa Resources Partners | &nbsp;&nbsp;&nbsp;Targa Resources Partners |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 03/01/2030 | 20 | 21 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 01/15/2028 | 10 | 10 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.875%, 02/01/2031 | 50 | 50 |
| &nbsp;&nbsp;&nbsp;Tennessee Gas Pipeline | &nbsp;&nbsp;&nbsp;Tennessee Gas Pipeline | &nbsp;&nbsp;&nbsp;Tennessee Gas Pipeline |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.900%, 03/01/2030 (B) | 60 | 57 |
| &nbsp;&nbsp;&nbsp;Transcontinental Gas Pipe Line | &nbsp;&nbsp;&nbsp;Transcontinental Gas Pipe Line | &nbsp;&nbsp;&nbsp;Transcontinental Gas Pipe Line |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.850%, 02/01/2026 | 50 | 50 |
| &nbsp;&nbsp;&nbsp;Transocean | &nbsp;&nbsp;&nbsp;Transocean | &nbsp;&nbsp;&nbsp;Transocean |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.750%, 02/15/2030 (B) | 8 | 8 |
| &nbsp;&nbsp;&nbsp;Transocean Titan Financing | &nbsp;&nbsp;&nbsp;Transocean Titan Financing | &nbsp;&nbsp;&nbsp;Transocean Titan Financing |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.375%, 02/01/2028 (B) | 6 | 7 |
| &nbsp;&nbsp;&nbsp;Venture Global Calcasieu Pass | &nbsp;&nbsp;&nbsp;Venture Global Calcasieu Pass | &nbsp;&nbsp;&nbsp;Venture Global Calcasieu Pass |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.875%, 11/01/2033 (B) | 60 | 53 |
| &nbsp;&nbsp;&nbsp;Venture Global LNG | &nbsp;&nbsp;&nbsp;Venture Global LNG | &nbsp;&nbsp;&nbsp;Venture Global LNG |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.000%, H15T5Y + 5.440%(A)(B)(F) | 67 | 57 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.125%, 06/01/2028 (B) | 4 | 4 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.000%, 01/15/2030 (B) | 60 | 59 |

---

SEI Catholic Values Trust 17

**SCHEDULE OF INVESTMENTS (Unaudited)** <br> November 30, 2025

**Catholic Values Fixed Income Fund**

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value <br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;Venture Global Plaquemines LNG | &nbsp;&nbsp;&nbsp;Venture Global Plaquemines LNG | &nbsp;&nbsp;&nbsp;Venture Global Plaquemines LNG |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 01/15/2036 (B) | 27 | 28 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, 01/15/2034 (B) | 4 | 4 |
| &nbsp;&nbsp;&nbsp;Williams | &nbsp;&nbsp;&nbsp;Williams | &nbsp;&nbsp;&nbsp;Williams |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.500%, 01/15/2031 | 10 | 11 |
|  |  | 4435 |
| **Financials — 8.9%** | **Financials — 8.9%** | **Financials — 8.9%** |
| &nbsp;&nbsp;&nbsp;Acrisure | &nbsp;&nbsp;&nbsp;Acrisure | &nbsp;&nbsp;&nbsp;Acrisure |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.500%, 11/06/2030 (B) | 120 | 125 |
| &nbsp;&nbsp;&nbsp;AIA Group MTN | &nbsp;&nbsp;&nbsp;AIA Group MTN | &nbsp;&nbsp;&nbsp;AIA Group MTN |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.375%, 04/05/2034 (B) | 276 | 288 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.950%, 03/30/2035 (B) | 237 | 241 |
| &nbsp;&nbsp;&nbsp;Aircastle | &nbsp;&nbsp;&nbsp;Aircastle | &nbsp;&nbsp;&nbsp;Aircastle |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 09/15/2030 (B) | 385 | 389 |
| &nbsp;&nbsp;&nbsp;American Express | &nbsp;&nbsp;&nbsp;American Express | &nbsp;&nbsp;&nbsp;American Express |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.667%, SOFRRATE + 1.790%, 04/25/2036 (A) | 55 | 59 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.918%, SOFRRATE + 1.220%, 07/20/2033 (A) | 702 | 719 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.050%, 05/03/2029 | 50 | 50 |
| &nbsp;&nbsp;&nbsp;American Tower Trust #1 | &nbsp;&nbsp;&nbsp;American Tower Trust #1 | &nbsp;&nbsp;&nbsp;American Tower Trust #1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.490%, 03/15/2028 (B) | 351 | 357 |
| &nbsp;&nbsp;&nbsp;Aon North America | &nbsp;&nbsp;&nbsp;Aon North America | &nbsp;&nbsp;&nbsp;Aon North America |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.450%, 03/01/2034 | 110 | 115 |
| &nbsp;&nbsp;&nbsp;Atlas Warehouse Lending | &nbsp;&nbsp;&nbsp;Atlas Warehouse Lending | &nbsp;&nbsp;&nbsp;Atlas Warehouse Lending |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.625%, 11/15/2028 (B) | 401 | 402 |
| &nbsp;&nbsp;&nbsp;Aviation Capital Group | &nbsp;&nbsp;&nbsp;Aviation Capital Group | &nbsp;&nbsp;&nbsp;Aviation Capital Group |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.800%, 10/24/2030 (B) | 576 | 577 |
| &nbsp;&nbsp;&nbsp;Bank of America | &nbsp;&nbsp;&nbsp;Bank of America | &nbsp;&nbsp;&nbsp;Bank of America |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.288%, SOFRRATE + 1.910%, 04/25/2034 (A) | 256 | 267 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.419%, TSFR3M + 1.302%, 12/20/2028 (A) | 42 | 41 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.311%, SOFRRATE + 1.580%, 04/22/2042 (A) | 467 | 374 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.572%, SOFRRATE + 1.210%, 10/20/2032 (A) | 90 | 82 |
| &nbsp;&nbsp;&nbsp;Bank of America MTN | &nbsp;&nbsp;&nbsp;Bank of America MTN | &nbsp;&nbsp;&nbsp;Bank of America MTN |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 01/21/2044 | 20 | 20 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.948%, SOFRRATE + 2.040%, 07/22/2028 (A) | 221 | 224 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.450%, 03/03/2026 | 10 | 10 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.376%, SOFRRATE + 1.580%, 04/27/2028 (A) | 100 | 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.250%, 10/22/2026 | 50 | 50 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.970%, TSFR3M + 1.332%, 03/05/2029 (A) | 150 | 150 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.593%, TSFR3M + 1.632%, 07/21/2028 (A) | 90 | 89 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.972%, SOFRRATE + 1.330%, 02/04/2033 (A) | 15 | 14 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value <br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;Bank of New York Mellon MTN | &nbsp;&nbsp;&nbsp;Bank of New York Mellon MTN | &nbsp;&nbsp;&nbsp;Bank of New York Mellon MTN |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.289%, SOFRRATE + 1.418%, 06/13/2033 (A) | $100 | $99 |
| &nbsp;&nbsp;&nbsp;Barclays | &nbsp;&nbsp;&nbsp;Barclays | &nbsp;&nbsp;&nbsp;Barclays |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.490%, SOFRRATE + 2.220%, 09/13/2029 (A) | 582 | 616 |
| &nbsp;&nbsp;&nbsp;Blackstone Holdings Finance | &nbsp;&nbsp;&nbsp;Blackstone Holdings Finance | &nbsp;&nbsp;&nbsp;Blackstone Holdings Finance |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.250%, 08/15/2042 (B) | 118 | 126 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 06/15/2044 (B) | 200 | 188 |
| &nbsp;&nbsp;&nbsp;Brown & Brown | &nbsp;&nbsp;&nbsp;Brown & Brown | &nbsp;&nbsp;&nbsp;Brown & Brown |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 06/23/2032 | 360 | 369 |
| &nbsp;&nbsp;&nbsp;Capital One Financial | &nbsp;&nbsp;&nbsp;Capital One Financial | &nbsp;&nbsp;&nbsp;Capital One Financial |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.624%, SOFRRATE + 3.070%, 10/30/2031 (A) | 240 | 272 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.312%, SOFRRATE + 2.640%, 06/08/2029 (A) | 311 | 327 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.927%, SOFRRATE + 2.057%, 05/10/2028 (A) | 42 | 42 |
| &nbsp;&nbsp;&nbsp;CBRE Services | &nbsp;&nbsp;&nbsp;CBRE Services | &nbsp;&nbsp;&nbsp;CBRE Services |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.800%, 06/15/2030 | 66 | 67 |
| &nbsp;&nbsp;&nbsp;Citibank | &nbsp;&nbsp;&nbsp;Citibank | &nbsp;&nbsp;&nbsp;Citibank |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.914%, 05/29/2030 | 90 | 93 |
| &nbsp;&nbsp;&nbsp;Citigroup | &nbsp;&nbsp;&nbsp;Citigroup | &nbsp;&nbsp;&nbsp;Citigroup |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.658%, SOFRRATE + 1.887%, 05/24/2028 (A) | 20 | 20 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.450%, 09/29/2027 | 70 | 71 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.412%, SOFRRATE + 3.914%, 03/31/2031 (A) | 233 | 234 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.125%, 07/25/2028 | 90 | 90 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.785%, SOFRRATE + 1.939%, 03/17/2033 (A) | 160 | 153 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.700%, 01/12/2026 | 100 | 100 |
| &nbsp;&nbsp;&nbsp;Corebridge Global Funding | &nbsp;&nbsp;&nbsp;Corebridge Global Funding | &nbsp;&nbsp;&nbsp;Corebridge Global Funding |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.850%, 06/06/2030 (B) | 566 | 575 |
| &nbsp;&nbsp;&nbsp;FactSet Research Systems | &nbsp;&nbsp;&nbsp;FactSet Research Systems | &nbsp;&nbsp;&nbsp;FactSet Research Systems |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.450%, 03/01/2032 | 446 | 413 |
| &nbsp;&nbsp;&nbsp;Farmers Exchange Capital II | &nbsp;&nbsp;&nbsp;Farmers Exchange Capital II | &nbsp;&nbsp;&nbsp;Farmers Exchange Capital II |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.151%, TSFR3M + 4.006%, 11/01/2053 (A)(B) | 165 | 164 |
| &nbsp;&nbsp;&nbsp;Fiserv | &nbsp;&nbsp;&nbsp;Fiserv | &nbsp;&nbsp;&nbsp;Fiserv |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.625%, 08/21/2033 | 120 | 124 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.450%, 03/15/2034 | 30 | 31 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 08/11/2035 | 135 | 135 |
| &nbsp;&nbsp;&nbsp;GA Global Funding Trust | &nbsp;&nbsp;&nbsp;GA Global Funding Trust | &nbsp;&nbsp;&nbsp;GA Global Funding Trust |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 01/08/2029 (B) | 521 | 537 |
| &nbsp;&nbsp;&nbsp;Global Atlantic Finance | &nbsp;&nbsp;&nbsp;Global Atlantic Finance | &nbsp;&nbsp;&nbsp;Global Atlantic Finance |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.125%, 06/15/2031 (B) | 289 | 260 |
| &nbsp;&nbsp;&nbsp;Goldman Sachs Group | &nbsp;&nbsp;&nbsp;Goldman Sachs Group | &nbsp;&nbsp;&nbsp;Goldman Sachs Group |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.536%, SOFRRATE + 1.380%, 01/28/2036 (A) | 10 | 10 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.016%, SOFRRATE + 1.420%, 10/23/2035 (A) | 125 | 127 |
| &nbsp;&nbsp;&nbsp;Golub Capital BDC | &nbsp;&nbsp;&nbsp;Golub Capital BDC | &nbsp;&nbsp;&nbsp;Golub Capital BDC |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.050%, 12/05/2028 | 119 | 125 |

---

18 SEI Catholic Values Trust

**SCHEDULE OF INVESTMENTS (Unaudited)** <br> November 30, 2025

**Catholic Values Fixed Income Fund**

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 07/15/2029 | $241 | $246 |
| &nbsp;&nbsp;&nbsp;Guardian Life Global Funding | &nbsp;&nbsp;&nbsp;Guardian Life Global Funding | &nbsp;&nbsp;&nbsp;Guardian Life Global Funding |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.798%, 04/28/2030 (B) | 310 | 318 |
| &nbsp;&nbsp;&nbsp;HSBC Holdings | &nbsp;&nbsp;&nbsp;HSBC Holdings | &nbsp;&nbsp;&nbsp;HSBC Holdings |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.130%, SOFRRATE + 1.290%, 03/03/2031 (A) | 677 | 696 |
| &nbsp;&nbsp;&nbsp;ING Groep | &nbsp;&nbsp;&nbsp;ING Groep | &nbsp;&nbsp;&nbsp;ING Groep |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.114%, SOFRRATE + 2.090%, 09/11/2034 (A) | 300 | 326 |
| &nbsp;&nbsp;&nbsp;JPMorgan Chase | &nbsp;&nbsp;&nbsp;JPMorgan Chase | &nbsp;&nbsp;&nbsp;JPMorgan Chase |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.766%, SOFRRATE + 1.490%, 04/22/2035 (A) | 213 | 229 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.565%, SOFRRATE + 1.750%, 06/14/2030 (A) | 180 | 183 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.493%, TSFR3M + 3.790%, 03/24/2031 (A) | 298 | 302 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.203%, TSFR3M + 1.522%, 07/23/2029 (A) | 590 | 592 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.509%, TSFR3M + 1.207%, 01/23/2029 (A) | 390 | 386 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.522%, SOFRRATE + 2.040%, 04/22/2031 (A) | 130 | 121 |
| &nbsp;&nbsp;&nbsp;KKR | &nbsp;&nbsp;&nbsp;KKR | &nbsp;&nbsp;&nbsp;KKR |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.100%, 08/07/2035 | 511 | 510 |
| &nbsp;&nbsp;&nbsp;KKR Group Finance III | &nbsp;&nbsp;&nbsp;KKR Group Finance III | &nbsp;&nbsp;&nbsp;KKR Group Finance III |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 06/01/2044 (B) | 215 | 203 |
| &nbsp;&nbsp;&nbsp;KKR Group Finance VIII | &nbsp;&nbsp;&nbsp;KKR Group Finance VIII | &nbsp;&nbsp;&nbsp;KKR Group Finance VIII |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 08/25/2050 (B) | 137 | 98 |
| &nbsp;&nbsp;&nbsp;Liberty Mutual Group | &nbsp;&nbsp;&nbsp;Liberty Mutual Group | &nbsp;&nbsp;&nbsp;Liberty Mutual Group |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.569%, 02/01/2029 (B) | 270 | 272 |
| &nbsp;&nbsp;&nbsp;Lloyds Banking Group | &nbsp;&nbsp;&nbsp;Lloyds Banking Group | &nbsp;&nbsp;&nbsp;Lloyds Banking Group |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.721%, H15T1Y + 1.070%, 06/05/2030 (A) | 534 | 560 |
| &nbsp;&nbsp;&nbsp;Macquarie Group MTN | &nbsp;&nbsp;&nbsp;Macquarie Group MTN | &nbsp;&nbsp;&nbsp;Macquarie Group MTN |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.033%, TSFR3M + 2.012%, 01/15/2030 (A)(B) | 280 | 286 |
| &nbsp;&nbsp;&nbsp;Massachusetts Mutual Life Insurance | &nbsp;&nbsp;&nbsp;Massachusetts Mutual Life Insurance | &nbsp;&nbsp;&nbsp;Massachusetts Mutual Life Insurance |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.672%, 12/01/2052 (B) | 305 | 300 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.375%, 04/15/2050 (B) | 144 | 99 |
| &nbsp;&nbsp;&nbsp;Metropolitan Life Global Funding I MTN |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.300%, 03/21/2029 (B) | 361 | 352 |
| &nbsp;&nbsp;&nbsp;Moody's | &nbsp;&nbsp;&nbsp;Moody's | &nbsp;&nbsp;&nbsp;Moody's |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.250%, 05/20/2050 | 235 | 162 |
| &nbsp;&nbsp;&nbsp;Morgan Stanley | &nbsp;&nbsp;&nbsp;Morgan Stanley | &nbsp;&nbsp;&nbsp;Morgan Stanley |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.466%, SOFRRATE + 1.730%, 01/18/2035 (A) | 20 | 21 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.320%, SOFRRATE + 1.555%, 07/19/2035 (A) | 465 | 483 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.192%, SOFRRATE + 1.510%, 04/17/2031 (A) | 257 | 266 |
| &nbsp;&nbsp;&nbsp;Morgan Stanley MTN | &nbsp;&nbsp;&nbsp;Morgan Stanley MTN | &nbsp;&nbsp;&nbsp;Morgan Stanley MTN |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.622%, SOFRRATE + 3.120%, 04/01/2031 (A) | 384 | 375 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value <br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.511%, SOFRRATE + 1.200%, 10/20/2032 (A) | $180 | $162 |
| &nbsp;&nbsp;&nbsp;Morgan Stanley Private Bank | &nbsp;&nbsp;&nbsp;Morgan Stanley Private Bank | &nbsp;&nbsp;&nbsp;Morgan Stanley Private Bank |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.734%, SOFRRATE + 1.080%, 07/18/2031 (A) | 90 | 92 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.204%, SOFRRATE + 0.780%, 11/17/2028 (A) | 90 | 90 |
| &nbsp;&nbsp;&nbsp;MSCI | &nbsp;&nbsp;&nbsp;MSCI | &nbsp;&nbsp;&nbsp;MSCI |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 09/01/2035 | 362 | 366 |
| &nbsp;&nbsp;&nbsp;National Securities Clearing | &nbsp;&nbsp;&nbsp;National Securities Clearing | &nbsp;&nbsp;&nbsp;National Securities Clearing |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 05/30/2028 (B) | 351 | 360 |
| &nbsp;&nbsp;&nbsp;Peachtree Corners Funding Trust II | &nbsp;&nbsp;&nbsp;Peachtree Corners Funding Trust II | &nbsp;&nbsp;&nbsp;Peachtree Corners Funding Trust II |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.012%, 05/15/2035 (B) | 255 | 269 |
| &nbsp;&nbsp;&nbsp;PNC Financial Services Group | &nbsp;&nbsp;&nbsp;PNC Financial Services Group | &nbsp;&nbsp;&nbsp;PNC Financial Services Group |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.676%, SOFRRATE + 1.902%, 01/22/2035 (A) | 247 | 261 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.582%, SOFRRATE + 1.841%, 06/12/2029 (A) | 80 | 83 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.354%, SOFRRATE + 1.620%, 12/02/2028 (A) | 470 | 482 |
| &nbsp;&nbsp;&nbsp;Prudential Funding Asia | &nbsp;&nbsp;&nbsp;Prudential Funding Asia | &nbsp;&nbsp;&nbsp;Prudential Funding Asia |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.125%, 04/14/2030 | 123 | 118 |
| &nbsp;&nbsp;&nbsp;SBA Tower Trust | &nbsp;&nbsp;&nbsp;SBA Tower Trust | &nbsp;&nbsp;&nbsp;SBA Tower Trust |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.593%, 10/15/2031 (B) | 376 | 334 |
| &nbsp;&nbsp;&nbsp;Shift4 Payments | &nbsp;&nbsp;&nbsp;Shift4 Payments | &nbsp;&nbsp;&nbsp;Shift4 Payments |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 08/15/2032 (B) | 40 | 42 |
| &nbsp;&nbsp;&nbsp;State Street | &nbsp;&nbsp;&nbsp;State Street | &nbsp;&nbsp;&nbsp;State Street |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.152%, SOFRRATE + 2.650%, 03/30/2031 (A) | 80 | 77 |
| &nbsp;&nbsp;&nbsp;Teachers Insurance & Annuity Association of America |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.900%, 09/15/2044 (B) | 130 | 120 |
| &nbsp;&nbsp;&nbsp;UBS Group | &nbsp;&nbsp;&nbsp;UBS Group | &nbsp;&nbsp;&nbsp;UBS Group |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.550%, 04/17/2026 | 250 | 251 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.194%, SOFRRATE + 3.730%, 04/01/2031 (A)(B) | 250 | 248 |
| &nbsp;&nbsp;&nbsp;US Bancorp | &nbsp;&nbsp;&nbsp;US Bancorp | &nbsp;&nbsp;&nbsp;US Bancorp |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.678%, SOFRRATE + 1.860%, 01/23/2035 (A) | 192 | 204 |
| &nbsp;&nbsp;&nbsp;Visa | &nbsp;&nbsp;&nbsp;Visa | &nbsp;&nbsp;&nbsp;Visa |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.150%, 12/14/2025 | 60 | 60 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.050%, 04/15/2030 | 20 | 19 |
| &nbsp;&nbsp;&nbsp;Vonovia | &nbsp;&nbsp;&nbsp;Vonovia | &nbsp;&nbsp;&nbsp;Vonovia |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.717%, 09/03/2035 | 90 | 58 |
| &nbsp;&nbsp;&nbsp;Wells Fargo | &nbsp;&nbsp;&nbsp;Wells Fargo | &nbsp;&nbsp;&nbsp;Wells Fargo |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.211%, SOFRRATE + 1.380%, 12/03/2035 (A) | $35 | 36 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.150%, SOFRRATE + 1.500%, 04/23/2031 (A) | 457 | 473 |
| &nbsp;&nbsp;&nbsp;Wells Fargo MTN | &nbsp;&nbsp;&nbsp;Wells Fargo MTN | &nbsp;&nbsp;&nbsp;Wells Fargo MTN |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.574%, SOFRRATE + 1.740%, 07/25/2029 (A) | 40 | 42 |

---

SEI Catholic Values Trust 19

**SCHEDULE OF INVESTMENTS (Unaudited)** <br> November 30, 2025

**Catholic Values Fixed Income Fund**

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value <br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.557%, SOFRRATE + 1.990%, 07/25/2034 (A) | 360 | 381 |
|  |  | 22125 |
| **Health Care — 0.7%** | **Health Care — 0.7%** | **Health Care — 0.7%** |
| &nbsp;&nbsp;&nbsp;Centene | &nbsp;&nbsp;&nbsp;Centene | &nbsp;&nbsp;&nbsp;Centene |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.500%, 03/01/2031 | 250 | 216 |
| &nbsp;&nbsp;&nbsp;CVS Health | &nbsp;&nbsp;&nbsp;CVS Health | &nbsp;&nbsp;&nbsp;CVS Health |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.000%, H15T5Y + 2.886%, 03/10/2055 (A) | 65 | 68 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, H15T5Y + 2.516%, 12/10/2054 (A) | 40 | 42 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 07/20/2045 | 60 | 55 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.125%, 04/01/2040 | 5 | 4 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.625%, 04/01/2027 | 30 | 30 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.125%, 09/15/2031 | 30 | 26 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.875%, 02/28/2031 | 10 | 9 |
| &nbsp;&nbsp;&nbsp;CVS Pass-Through Trust | &nbsp;&nbsp;&nbsp;CVS Pass-Through Trust | &nbsp;&nbsp;&nbsp;CVS Pass-Through Trust |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.507%, 01/10/2032 (B) | 243 | 259 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.036%, 12/10/2028 | 85 | 86 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.926%, 01/10/2034 (B) | 371 | 383 |
| &nbsp;&nbsp;&nbsp;Elevance Health | &nbsp;&nbsp;&nbsp;Elevance Health | &nbsp;&nbsp;&nbsp;Elevance Health |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.200%, 02/15/2035 | 20 | 20 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 01/15/2036 | 195 | 195 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.550%, 05/15/2052 | 20 | 17 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.100%, 05/15/2032 | 100 | 98 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.650%, 12/01/2027 | 30 | 30 |
| &nbsp;&nbsp;&nbsp;Humana | &nbsp;&nbsp;&nbsp;Humana | &nbsp;&nbsp;&nbsp;Humana |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.550%, 05/01/2035 | 155 | 159 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.150%, 02/03/2032 | 10 | 9 |
| &nbsp;&nbsp;&nbsp;ModivCare | &nbsp;&nbsp;&nbsp;ModivCare | &nbsp;&nbsp;&nbsp;ModivCare |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 10/01/2029 (B)(D) | 126 | 1 |
| &nbsp;&nbsp;&nbsp;Molina Healthcare | &nbsp;&nbsp;&nbsp;Molina Healthcare | &nbsp;&nbsp;&nbsp;Molina Healthcare |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.250%, 01/15/2033 (B) | 50 | 50 |
|  |  | 1757 |
| **Industrials — 2.3%** | **Industrials — 2.3%** | **Industrials — 2.3%** |
| &nbsp;&nbsp;&nbsp;AerCap Ireland Capital DAC | &nbsp;&nbsp;&nbsp;AerCap Ireland Capital DAC | &nbsp;&nbsp;&nbsp;AerCap Ireland Capital DAC |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.375%, 11/15/2030 | 245 | 244 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.000%, 10/29/2028 | 417 | 404 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.450%, 10/29/2026 | 150 | 148 |
| &nbsp;&nbsp;&nbsp;Air Canada Pass-Through Trust, Ser 2015-1, Cl A | &nbsp;&nbsp;&nbsp;Air Canada Pass-Through Trust, Ser 2015-1, Cl A | &nbsp;&nbsp;&nbsp;Air Canada Pass-Through Trust, Ser 2015-1, Cl A |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.600%, 03/15/2027 (B) | 162 | 160 |
| &nbsp;&nbsp;&nbsp;Air Lease | &nbsp;&nbsp;&nbsp;Air Lease | &nbsp;&nbsp;&nbsp;Air Lease |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.300%, 02/01/2028 | 40 | 41 |
| &nbsp;&nbsp;&nbsp;American Airlines | &nbsp;&nbsp;&nbsp;American Airlines | &nbsp;&nbsp;&nbsp;American Airlines |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.500%, 05/15/2029 (B) | 70 | 73 |
| &nbsp;&nbsp;&nbsp;Burlington Northern Santa Fe | &nbsp;&nbsp;&nbsp;Burlington Northern Santa Fe | &nbsp;&nbsp;&nbsp;Burlington Northern Santa Fe |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.875%, 06/15/2052 | 30 | 19 |
| &nbsp;&nbsp;&nbsp;Canadian National Railway | &nbsp;&nbsp;&nbsp;Canadian National Railway | &nbsp;&nbsp;&nbsp;Canadian National Railway |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.650%, 02/03/2048 | 151 | 117 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value <br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;Canadian Pacific Railway | &nbsp;&nbsp;&nbsp;Canadian Pacific Railway | &nbsp;&nbsp;&nbsp;Canadian Pacific Railway |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.125%, 09/15/2115 | 167 | 170 |
| &nbsp;&nbsp;&nbsp;CSX | &nbsp;&nbsp;&nbsp;CSX | &nbsp;&nbsp;&nbsp;CSX |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.800%, 04/15/2050 | 331 | 257 |
| &nbsp;&nbsp;&nbsp;Delta Air Lines | &nbsp;&nbsp;&nbsp;Delta Air Lines | &nbsp;&nbsp;&nbsp;Delta Air Lines |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 10/20/2028 (B) | 50 | 50 |
| &nbsp;&nbsp;&nbsp;Delta Air Lines Pass-Through Trust, Ser 2020-1, Cl AA | &nbsp;&nbsp;&nbsp;Delta Air Lines Pass-Through Trust, Ser 2020-1, Cl AA | &nbsp;&nbsp;&nbsp;Delta Air Lines Pass-Through Trust, Ser 2020-1, Cl AA |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.000%, 06/10/2028 | 119 | 114 |
| &nbsp;&nbsp;&nbsp;Ferguson Finance | &nbsp;&nbsp;&nbsp;Ferguson Finance | &nbsp;&nbsp;&nbsp;Ferguson Finance |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 10/24/2028 (B) | 394 | 398 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.250%, 06/02/2030 (B) | 230 | 220 |
| &nbsp;&nbsp;&nbsp;Genpact Luxembourg SARL | &nbsp;&nbsp;&nbsp;Genpact Luxembourg SARL | &nbsp;&nbsp;&nbsp;Genpact Luxembourg SARL |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 06/04/2029 | 289 | 302 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.750%, 04/10/2026 | 292 | 289 |
| &nbsp;&nbsp;&nbsp;Icahn Enterprises | &nbsp;&nbsp;&nbsp;Icahn Enterprises | &nbsp;&nbsp;&nbsp;Icahn Enterprises |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.000%, 11/15/2029 (B) | 171 | 172 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.750%, 01/15/2029 | 5 | 5 |
| &nbsp;&nbsp;&nbsp;JB Hunt Transport Services | &nbsp;&nbsp;&nbsp;JB Hunt Transport Services | &nbsp;&nbsp;&nbsp;JB Hunt Transport Services |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.900%, 03/15/2030 | 319 | 326 |
| &nbsp;&nbsp;&nbsp;JH North America Holdings | &nbsp;&nbsp;&nbsp;JH North America Holdings | &nbsp;&nbsp;&nbsp;JH North America Holdings |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.875%, 01/31/2031 (B) | 60 | 61 |
| &nbsp;&nbsp;&nbsp;Kedrion | &nbsp;&nbsp;&nbsp;Kedrion | &nbsp;&nbsp;&nbsp;Kedrion |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, 09/01/2029 (B) | 55 | 53 |
| &nbsp;&nbsp;&nbsp;Norfolk Southern | &nbsp;&nbsp;&nbsp;Norfolk Southern | &nbsp;&nbsp;&nbsp;Norfolk Southern |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.837%, 10/01/2041 | 200 | 191 |
| &nbsp;&nbsp;&nbsp;Pacific National Finance Pty MTN | &nbsp;&nbsp;&nbsp;Pacific National Finance Pty MTN | &nbsp;&nbsp;&nbsp;Pacific National Finance Pty MTN |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.700%, 09/24/2029 | 100 | 61 |
| &nbsp;&nbsp;&nbsp;Paychex | &nbsp;&nbsp;&nbsp;Paychex | &nbsp;&nbsp;&nbsp;Paychex |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.350%, 04/15/2032 | 105 | 109 |
| &nbsp;&nbsp;&nbsp;Penske Truck Leasing LP | &nbsp;&nbsp;&nbsp;Penske Truck Leasing LP | &nbsp;&nbsp;&nbsp;Penske Truck Leasing LP |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.550%, 05/01/2028 (B) | 542 | 558 |
| &nbsp;&nbsp;&nbsp;Rollins | &nbsp;&nbsp;&nbsp;Rollins | &nbsp;&nbsp;&nbsp;Rollins |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 02/24/2035 | 155 | 159 |
| &nbsp;&nbsp;&nbsp;Ryder System MTN | &nbsp;&nbsp;&nbsp;Ryder System MTN | &nbsp;&nbsp;&nbsp;Ryder System MTN |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 06/01/2028 | 355 | 365 |
| &nbsp;&nbsp;&nbsp;SMBC Aviation Capital Finance DAC | &nbsp;&nbsp;&nbsp;SMBC Aviation Capital Finance DAC | &nbsp;&nbsp;&nbsp;SMBC Aviation Capital Finance DAC |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.700%, 07/25/2033 (B) | 145 | 153 |
| &nbsp;&nbsp;&nbsp;TransDigm | &nbsp;&nbsp;&nbsp;TransDigm | &nbsp;&nbsp;&nbsp;TransDigm |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.125%, 12/01/2031 (B) | 20 | 21 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.625%, 03/01/2032 (B) | 40 | 42 |
| &nbsp;&nbsp;&nbsp;United Airlines Pass-Through Trust, Ser 2014-1, Cl A | &nbsp;&nbsp;&nbsp;United Airlines Pass-Through Trust, Ser 2014-1, Cl A | &nbsp;&nbsp;&nbsp;United Airlines Pass-Through Trust, Ser 2014-1, Cl A |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 04/11/2026 | 359 | 359 |
| &nbsp;&nbsp;&nbsp;Verisk Analytics | &nbsp;&nbsp;&nbsp;Verisk Analytics | &nbsp;&nbsp;&nbsp;Verisk Analytics |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.625%, 05/15/2050 | 142 | 104 |
| &nbsp;&nbsp;&nbsp;VT Topco | &nbsp;&nbsp;&nbsp;VT Topco | &nbsp;&nbsp;&nbsp;VT Topco |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.500%, 08/15/2030 (B) | 15 | 16 |
|  |  | 5761 |
| **Information Technology — 1.2%** | **Information Technology — 1.2%** | **Information Technology — 1.2%** |
| &nbsp;&nbsp;&nbsp;Apple | &nbsp;&nbsp;&nbsp;Apple | &nbsp;&nbsp;&nbsp;Apple |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.850%, 08/04/2046 | 156 | 129 |

---

20 SEI Catholic Values Trust

**SCHEDULE OF INVESTMENTS (Unaudited)** <br> November 30, 2025

**Catholic Values Fixed Income Fund**

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;AppLovin | &nbsp;&nbsp;&nbsp;AppLovin | &nbsp;&nbsp;&nbsp;AppLovin |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.950%, 12/01/2054 | 110 | 111 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 12/01/2029 | 240 | 245 |
| &nbsp;&nbsp;&nbsp;Broadcom | &nbsp;&nbsp;&nbsp;Broadcom | &nbsp;&nbsp;&nbsp;Broadcom |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.200%, 07/15/2035 | 345 | 359 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.926%, 05/15/2037 (B) | 20 | 20 |
| &nbsp;&nbsp;&nbsp;Constellation Software | &nbsp;&nbsp;&nbsp;Constellation Software | &nbsp;&nbsp;&nbsp;Constellation Software |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.461%, 02/16/2034 (B) | 182 | 185 |
| &nbsp;&nbsp;&nbsp;Dell International | &nbsp;&nbsp;&nbsp;Dell International | &nbsp;&nbsp;&nbsp;Dell International |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 04/01/2030 | 160 | 164 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 02/15/2031 | 195 | 195 |
| &nbsp;&nbsp;&nbsp;Foundry JV Holdco | &nbsp;&nbsp;&nbsp;Foundry JV Holdco | &nbsp;&nbsp;&nbsp;Foundry JV Holdco |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 01/25/2031 (B) | 20 | 21 |
| &nbsp;&nbsp;&nbsp;Intel | &nbsp;&nbsp;&nbsp;Intel | &nbsp;&nbsp;&nbsp;Intel |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.700%, 02/10/2053 | 25 | 24 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.734%, 12/08/2047 | 45 | 33 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.250%, 11/15/2049 | 85 | 56 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.000%, 08/12/2031 | 65 | 57 |
| &nbsp;&nbsp;&nbsp;NVIDIA | &nbsp;&nbsp;&nbsp;NVIDIA | &nbsp;&nbsp;&nbsp;NVIDIA |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.850%, 04/01/2030 | 20 | 19 |
| &nbsp;&nbsp;&nbsp;Oracle | &nbsp;&nbsp;&nbsp;Oracle | &nbsp;&nbsp;&nbsp;Oracle |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.950%, 09/26/2055 | 45 | 42 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.875%, 09/26/2045 | 60 | 57 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.375%, 09/27/2054 | 60 | 51 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.200%, 09/26/2035 | 430 | 421 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.800%, 09/26/2032 | 560 | 551 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.950%, 03/25/2051 | 266 | 185 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.600%, 04/01/2050 | 50 | 33 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.950%, 04/01/2030 | 20 | 19 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.875%, 03/25/2031 | 75 | 68 |
| &nbsp;&nbsp;&nbsp;Sprint Capital | &nbsp;&nbsp;&nbsp;Sprint Capital | &nbsp;&nbsp;&nbsp;Sprint Capital |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.750%, 03/15/2032 | 10 | 12 |
| &nbsp;&nbsp;&nbsp;Xerox | &nbsp;&nbsp;&nbsp;Xerox | &nbsp;&nbsp;&nbsp;Xerox |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.250%, 10/15/2030 (B) | 40 | 41 |
|  |  | 3098 |
| **Materials — 0.7%** | **Materials — 0.7%** | **Materials — 0.7%** |
| &nbsp;&nbsp;&nbsp;Amcor Flexibles North America | &nbsp;&nbsp;&nbsp;Amcor Flexibles North America | &nbsp;&nbsp;&nbsp;Amcor Flexibles North America |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 03/17/2035 | 315 | 327 |
| &nbsp;&nbsp;&nbsp;Amrize Finance US | &nbsp;&nbsp;&nbsp;Amrize Finance US | &nbsp;&nbsp;&nbsp;Amrize Finance US |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.950%, 04/07/2030 (B) | 460 | 472 |
| &nbsp;&nbsp;&nbsp;Ball | &nbsp;&nbsp;&nbsp;Ball | &nbsp;&nbsp;&nbsp;Ball |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.125%, 09/15/2031 | 30 | 27 |
| &nbsp;&nbsp;&nbsp;CRH America Finance | &nbsp;&nbsp;&nbsp;CRH America Finance | &nbsp;&nbsp;&nbsp;CRH America Finance |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.400%, 02/09/2031 | 506 | 507 |
| &nbsp;&nbsp;&nbsp;Sonoco Products | &nbsp;&nbsp;&nbsp;Sonoco Products | &nbsp;&nbsp;&nbsp;Sonoco Products |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 09/01/2034 | 343 | 341 |
|  |  | 1674 |
| **Real Estate — 0.7%** | **Real Estate — 0.7%** | **Real Estate — 0.7%** |
| &nbsp;&nbsp;&nbsp;American Tower | &nbsp;&nbsp;&nbsp;American Tower | &nbsp;&nbsp;&nbsp;American Tower |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.900%, 03/15/2030 | 110 | 113 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.900%, 01/15/2030 | 105 | 99 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value <br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;COPT Defense Properties | &nbsp;&nbsp;&nbsp;COPT Defense Properties | &nbsp;&nbsp;&nbsp;COPT Defense Properties |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 10/15/2030 | 381 | 379 |
| &nbsp;&nbsp;&nbsp;Hudson Pacific Properties | &nbsp;&nbsp;&nbsp;Hudson Pacific Properties | &nbsp;&nbsp;&nbsp;Hudson Pacific Properties |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.950%, 11/01/2027 | 160 | 153 |
| &nbsp;&nbsp;&nbsp;NNN REIT | &nbsp;&nbsp;&nbsp;NNN REIT | &nbsp;&nbsp;&nbsp;NNN REIT |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.600%, 02/15/2031 | 320 | 323 |
| &nbsp;&nbsp;&nbsp;Realty Income | &nbsp;&nbsp;&nbsp;Realty Income | &nbsp;&nbsp;&nbsp;Realty Income |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 04/15/2035 | 70 | 72 |
| &nbsp;&nbsp;&nbsp;Simon Property Group | &nbsp;&nbsp;&nbsp;Simon Property Group | &nbsp;&nbsp;&nbsp;Simon Property Group |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.750%, 02/01/2028 | 501 | 479 |
|  |  | 1618 |
| **Utilities — 2.8%** | **Utilities — 2.8%** | **Utilities — 2.8%** |
| &nbsp;&nbsp;&nbsp;AEP Transmission | &nbsp;&nbsp;&nbsp;AEP Transmission | &nbsp;&nbsp;&nbsp;AEP Transmission |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.375%, 06/15/2035 | 55 | 57 |
| &nbsp;&nbsp;&nbsp;Alliant Energy | &nbsp;&nbsp;&nbsp;Alliant Energy | &nbsp;&nbsp;&nbsp;Alliant Energy |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, H15T5Y + 2.077%, 04/01/2056 (A) | 95 | 95 |
| &nbsp;&nbsp;&nbsp;American Electric Power | &nbsp;&nbsp;&nbsp;American Electric Power | &nbsp;&nbsp;&nbsp;American Electric Power |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.050%, H15T5Y + 1.940%, 03/15/2056 (A) | 130 | 130 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.800%, H15T5Y + 2.128%, 03/15/2056 (A) | 50 | 50 |
| &nbsp;&nbsp;&nbsp;American Transmission Systems | &nbsp;&nbsp;&nbsp;American Transmission Systems | &nbsp;&nbsp;&nbsp;American Transmission Systems |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.650%, 01/15/2032 (B) | 30 | 27 |
| &nbsp;&nbsp;&nbsp;Berkshire Hathaway Energy | &nbsp;&nbsp;&nbsp;Berkshire Hathaway Energy | &nbsp;&nbsp;&nbsp;Berkshire Hathaway Energy |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.450%, 01/15/2049 | 600 | 507 |
| &nbsp;&nbsp;&nbsp;Boston Gas | &nbsp;&nbsp;&nbsp;Boston Gas | &nbsp;&nbsp;&nbsp;Boston Gas |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.843%, 01/10/2035 (B) | 551 | 587 |
| &nbsp;&nbsp;&nbsp;Brooklyn Union Gas | &nbsp;&nbsp;&nbsp;Brooklyn Union Gas | &nbsp;&nbsp;&nbsp;Brooklyn Union Gas |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.407%, 03/10/2026 (B) | 250 | 249 |
| &nbsp;&nbsp;&nbsp;CenterPoint Energy | &nbsp;&nbsp;&nbsp;CenterPoint Energy | &nbsp;&nbsp;&nbsp;CenterPoint Energy |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.950%, H15T5Y + 2.223%, 04/01/2056 (A) | 100 | 101 |
| &nbsp;&nbsp;&nbsp;Consolidated Edison of New York | &nbsp;&nbsp;&nbsp;Consolidated Edison of New York | &nbsp;&nbsp;&nbsp;Consolidated Edison of New York |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.950%, 04/01/2050 | 20 | 16 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.350%, 04/01/2030 | 20 | 19 |
| &nbsp;&nbsp;&nbsp;Dominion Energy | &nbsp;&nbsp;&nbsp;Dominion Energy | &nbsp;&nbsp;&nbsp;Dominion Energy |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.200%, H15T5Y + 2.006%, 02/15/2056 (A) | 125 | 126 |
| &nbsp;&nbsp;&nbsp;DTE Electric Securitization Funding I | &nbsp;&nbsp;&nbsp;DTE Electric Securitization Funding I | &nbsp;&nbsp;&nbsp;DTE Electric Securitization Funding I |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.640%, 12/01/2026 | 102 | 100 |
| &nbsp;&nbsp;&nbsp;DTE Energy | &nbsp;&nbsp;&nbsp;DTE Energy | &nbsp;&nbsp;&nbsp;DTE Energy |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.875%, 06/01/2028 | 192 | 196 |
| &nbsp;&nbsp;&nbsp;Duke Energy Carolinas | &nbsp;&nbsp;&nbsp;Duke Energy Carolinas | &nbsp;&nbsp;&nbsp;Duke Energy Carolinas |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.950%, 03/15/2048 | 98 | 79 |
| &nbsp;&nbsp;&nbsp;Duke Energy Florida | &nbsp;&nbsp;&nbsp;Duke Energy Florida | &nbsp;&nbsp;&nbsp;Duke Energy Florida |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.200%, 01/15/2027 | 230 | 228 |
| &nbsp;&nbsp;&nbsp;Duke Energy Ohio | &nbsp;&nbsp;&nbsp;Duke Energy Ohio | &nbsp;&nbsp;&nbsp;Duke Energy Ohio |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.650%, 02/01/2029 | 50 | 50 |
| &nbsp;&nbsp;&nbsp;Electricite de France MTN | &nbsp;&nbsp;&nbsp;Electricite de France MTN | &nbsp;&nbsp;&nbsp;Electricite de France MTN |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.000%, 12/09/2049 | 100 | 69 |

---

SEI Catholic Values Trust 21

**SCHEDULE OF INVESTMENTS (Unaudited)**

November 30, 2025

**Catholic Values Fixed Income Fund**

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;Entergy |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.100%, H15T5Y + 2.013%, 06/15/2056 (A) | $145 | $146 |
| &nbsp;&nbsp;&nbsp;Exelon |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.625%, 06/15/2035 | 60 | 63 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.100%, 06/15/2045 | 328 | 308 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.700%, 04/15/2050 | 69 | 60 |
| &nbsp;&nbsp;&nbsp;FirstEnergy |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.850%, 07/15/2047 | 120 | 106 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.900%, 07/15/2027 | 90 | 90 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.600%, 01/15/2026 | 20 | 20 |
| &nbsp;&nbsp;&nbsp;Interstate Power and Light |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.300%, 06/01/2030 | 295 | 271 |
| &nbsp;&nbsp;&nbsp;NextEra Energy Capital Holdings |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.550%, 05/01/2027 | 292 | 290 |
| &nbsp;&nbsp;&nbsp;NSTAR Electric | &nbsp;&nbsp;&nbsp;NSTAR Electric | &nbsp;&nbsp;&nbsp;NSTAR Electric |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.950%, 04/01/2030 | 230 | 228 |
| &nbsp;&nbsp;&nbsp;Oncor Electric Delivery |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.350%, 04/01/2035 (B) | 160 | 167 |
| &nbsp;&nbsp;&nbsp;PG&E Wildfire Recovery Funding |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.722%, 06/01/2037 | 456 | 453 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.594%, 06/01/2030 | 244 | 242 |
| &nbsp;&nbsp;&nbsp;Piedmont Natural Gas |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.640%, 11/01/2046 | 170 | 129 |
| &nbsp;&nbsp;&nbsp;Public Service of Oklahoma |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.200%, 01/15/2035 | 160 | 163 |
| &nbsp;&nbsp;&nbsp;Southern |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.750%, H15T5Y + 2.915%, 09/15/2051 (A) | 120 | 118 |
| &nbsp;&nbsp;&nbsp;Southern Gas Capital |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.950%, 09/15/2034 | 515 | 519 |
| &nbsp;&nbsp;&nbsp;Suburban Propane Partners |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 06/01/2031 (B) | 58 | 56 |
| &nbsp;&nbsp;&nbsp;Suez MTN |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.875%, 05/24/2034 | 100 | 108 |
| &nbsp;&nbsp;&nbsp;Veolia Environnement |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.500%(A)(F) | 100 | 111 |
| &nbsp;&nbsp;&nbsp;Virginia Power Fuel Securitization |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.877%, 05/01/2031 | $389 | 399 |
| &nbsp;&nbsp;&nbsp;WEC Energy Group |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.625%, H15T5Y + 1.905%, 05/15/2056 (A) | 180 | 183 |
| &nbsp;&nbsp;&nbsp;Yorkshire Water Finance MTN |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.375%, 11/18/2034 | 100 | 137 |
|  |  | 7053 |
| Total Corporate Obligations |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $59,404) ($ Thousands) |  | 58469 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount (Thousands) | Market Value <br> ($ Thousands) |
| **ASSET-BACKED SECURITIES — 10.7%** | **ASSET-BACKED SECURITIES — 10.7%** | **ASSET-BACKED SECURITIES — 10.7%** |
| **Automotive — 0.8%** | **Automotive — 0.8%** | **Automotive — 0.8%** |
| &nbsp;&nbsp;&nbsp;Citizens Auto Receivables Trust, Ser 2024-1, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.110%, 04/17/2028 (B) | $409 | $411 |
| &nbsp;&nbsp;&nbsp;Enterprise Fleet Financing, Ser 2025-2, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.410%, 06/20/2029 (B) | 365 | 369 |
| &nbsp;&nbsp;&nbsp;Ford Credit Auto Owner Trust, Ser 2021-1, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.370%, 10/17/2033 (B) | 254 | 251 |
| &nbsp;&nbsp;&nbsp;GMF Floorplan Owner Revolving Trust, Ser 2023-2, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.340%, 06/15/2030 (B) | 468 | 483 |
| &nbsp;&nbsp;&nbsp;GMF Floorplan Owner Revolving Trust, Ser 2024-2A, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.060%, 03/15/2031 (B) | 537 | 555 |
|  |  | 2069 |
| **Mortgage Related Securities — 0.8%** | **Mortgage Related Securities — 0.8%** | **Mortgage Related Securities — 0.8%** |
| &nbsp;&nbsp;&nbsp;CIT Mortgage Loan Trust, Ser 2007-1, Cl 1M1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.569%, TSFR1M + 2.364%, 10/25/2037 (A)(B) | 76 | 78 |
| &nbsp;&nbsp;&nbsp;COOPR Residential Mortgage Trust 2025-CES4, Ser 2025-CES4, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.248%, 11/25/2060 (B)(C) | 250 | 251 |
| &nbsp;&nbsp;&nbsp;FIGRE Trust, Ser 2025-HE3, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.560%, 05/25/2055 (A)(B) | 373 | 377 |
| &nbsp;&nbsp;&nbsp;GS Mortgage Backed Securities Trust, Ser 2025-CES1, Cl A1A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.568%, 05/25/2055 (B)(C) | 233 | 235 |
| &nbsp;&nbsp;&nbsp;RCKT Mortgage Trust, Ser 2024-CES6, Cl A1A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.344%, 09/25/2044 (B)(C) | 182 | 182 |
| &nbsp;&nbsp;&nbsp;RCKT Mortgage Trust, Ser 2024-CES9, Cl A1A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.582%, 12/25/2044 (B)(C) | 252 | 254 |
| &nbsp;&nbsp;&nbsp;Structured Asset Securities Mortgage Loan Trust, Ser 2007-WF1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.489%, TSFR1M + 0.534%, 02/25/2037 (A) | 76 | 75 |
| &nbsp;&nbsp;&nbsp;Towd Point Mortgage Trust, Ser 2024-CES6, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.725%, 11/25/2064 (B)(C) | 379 | 383 |
| &nbsp;&nbsp;&nbsp;Wells Fargo Home Equity Asset-Backed Securities Trust, Ser 2005-2, Cl M9 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.469%, TSFR1M + 2.514%, 12/25/2034 (A) | 198 | 199 |
|  |  | 2034 |

---

22 SEI Catholic Values Trust

**SCHEDULE OF INVESTMENTS (Unaudited)**

November 30, 2025

**Catholic Values Fixed Income Fund**

---

| | | |
|:---|:---|:---|
| Description | Face Amount (Thousands) | Market Value <br> ($ Thousands) |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |
| **Other Asset-Backed Securities — 9.1%** | **Other Asset-Backed Securities — 9.1%** | **Other Asset-Backed Securities — 9.1%** |
| &nbsp;&nbsp;&nbsp;Aligned Data Centers Issuer, Ser 2021-1A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.937%, 08/15/2046 (B) | $180 | $176 |
| &nbsp;&nbsp;&nbsp;AMMC CLO, Ser 2024-24A, Cl AR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.084%, TSFR3M + 1.200%, 01/20/2035 (A)(B) | 325 | 325 |
| &nbsp;&nbsp;&nbsp;AMSR Trust, Ser 2022-SFR3, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 10/17/2039 (B) | 236 | 235 |
| &nbsp;&nbsp;&nbsp;AMSR Trust, Ser 2023-SFR1, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 04/17/2040 (B) | 410 | 407 |
| &nbsp;&nbsp;&nbsp;AMSR Trust, Ser 2024-SFR1, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.290%, 07/17/2041 (B)(C) | 487 | 486 |
| &nbsp;&nbsp;&nbsp;Apidos CLO, Ser 2024-XXXA, Cl A1AR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.964%, TSFR3M + 1.080%, 10/18/2031 (A)(B) | 96 | 96 |
| &nbsp;&nbsp;&nbsp;Ares LXII CLO, Ser 2025-62A, Cl BR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.358%, TSFR3M + 1.500%, 01/25/2034 (A)(B) | 300 | 300 |
| &nbsp;&nbsp;&nbsp;Bain Capital Credit CLO, Ser 2024-6A, Cl A1R |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.960%, TSFR3M + 1.090%, 10/21/2034 (A)(B) | 275 | 275 |
| &nbsp;&nbsp;&nbsp;Bain Capital Credit CLO, Ser 2025-3A, Cl AR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.925%, TSFR3M + 1.060%, 07/24/2034 (A)(B) | 260 | 260 |
| &nbsp;&nbsp;&nbsp;Barings CLO, Ser 2024-3A, Cl A1RR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.024%, TSFR3M + 1.140%, 01/20/2036 (A)(B) | 300 | 300 |
| &nbsp;&nbsp;&nbsp;CIFC Funding, Ser 2023-3A, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.484%, TSFR3M + 1.600%, 01/20/2037 (A)(B) | 614 | 614 |
| &nbsp;&nbsp;&nbsp;CIFC Funding, Ser 2024-1A, Cl A1R |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.278%, TSFR3M + 1.420%, 07/25/2037 (A)(B) | 250 | 250 |
| &nbsp;&nbsp;&nbsp;CIFC Funding, Ser 2025-4RA, Cl A1A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.872%, TSFR3M + 0.990%, 01/17/2035 (A)(B) | 260 | 260 |
| &nbsp;&nbsp;&nbsp;Cloud Capital Holdco, Ser 2024-1A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.781%, 11/22/2049 (B) | 160 | 161 |
| &nbsp;&nbsp;&nbsp;Clover CLO, Ser 2025-3A, Cl AR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.928%, TSFR3M + 1.070%, 01/25/2035 (A)(B) | 300 | 300 |
| &nbsp;&nbsp;&nbsp;Consolidated Communications, Ser 2025-1A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 05/20/2055 (B) | 110 | 112 |
| &nbsp;&nbsp;&nbsp;CyrusOne Data Centers Issuer I, Ser 2025-1A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.910%, 02/20/2050 (B) | 160 | 163 |
| &nbsp;&nbsp;&nbsp;Diamond Infrastructure Funding, Ser 2021-1A, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.760%, 04/15/2049 (B) | 285 | 276 |
| &nbsp;&nbsp;&nbsp;Diamond Issuer, Ser 2021-1A, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.305%, 11/20/2051 (B) | 25 | 24 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount (Thousands) | Market Value <br> ($ Thousands) |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp;Domino's Pizza Master Issuer, Ser 2021-1A, Cl A2I |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.662%, 04/25/2051 (B) | $555 | $529 |
| &nbsp;&nbsp;&nbsp;Domino's Pizza Master Issuer, Ser 2025-1A, Cl A2II |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.217%, 07/25/2055 (B) | 380 | 383 |
| &nbsp;&nbsp;&nbsp;Dryden 68 CLO, Ser 2024-68A, Cl ARR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.005%, TSFR3M + 1.100%, 07/15/2035 (A)(B) | 250 | 250 |
| &nbsp;&nbsp;&nbsp;Edgeconnex Data Centers Issuer, Ser 2024-1, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 07/27/2054 (B) | 195 | 198 |
| &nbsp;&nbsp;&nbsp;Elmwood CLO, Ser 2025-2A, Cl AR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.244%, TSFR3M + 1.350%, 04/16/2036 (A)(B) | 514 | 515 |
| &nbsp;&nbsp;&nbsp;FirstKey Homes Trust, Ser 2021-SFR1, Cl F2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.452%, 08/17/2038 (B) | 280 | 276 |
| &nbsp;&nbsp;&nbsp;FirstKey Homes Trust, Ser 2021-SFR3, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.135%, 12/17/2038 (B) | 254 | 248 |
| &nbsp;&nbsp;&nbsp;Flatiron CLO, Ser 2025-1A, Cl AR2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.032%, TSFR3M + 1.180%, 11/16/2034 (A)(B) | 248 | 248 |
| &nbsp;&nbsp;&nbsp;Flexential Issuer, Ser 2021-1A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.250%, 11/27/2051 (B) | 160 | 157 |
| &nbsp;&nbsp;&nbsp;GCI Funding I, Ser 2021-1, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.380%, 06/18/2046 (B) | 275 | 257 |
| &nbsp;&nbsp;&nbsp;Goldentree Loan Management US CLO, Ser 2024-11A, Cl AR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.964%, TSFR3M + 1.080%, 10/20/2034 (A)(B) | 260 | 260 |
| &nbsp;&nbsp;&nbsp;Goldentree Loan Management US CLO, Ser 2025-16A, Cl ARR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.004%, TSFR3M + 1.120%, 01/20/2038 (A)(B) | 445 | 444 |
| &nbsp;&nbsp;&nbsp;Golub Capital Partners CLO, Ser 2025-53A, Cl AR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.864%, TSFR3M + 0.980%, 07/20/2034 (A)(B) | 335 | 335 |
| &nbsp;&nbsp;&nbsp;Home Partners of America Trust, Ser 2021-2, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.901%, 12/17/2026 (B) | 240 | 234 |
| &nbsp;&nbsp;&nbsp;J.G. Wentworth XLII, Ser 2018-2A, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.700%, 10/15/2077 (B) | 131 | 120 |
| &nbsp;&nbsp;&nbsp;J.G. Wentworth XXXIX, Ser 2017-2A, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.090%, 09/17/2074 (B) | 177 | 162 |
| &nbsp;&nbsp;&nbsp;LCM, Ser 2024-37A, Cl A1R |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.965%, TSFR3M + 1.060%, 04/15/2034 (A)(B) | 268 | 267 |
| &nbsp;&nbsp;&nbsp;LCM, Ser 2024-39A, Cl A2R |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.505%, TSFR3M + 1.600%, 10/15/2034 (A)(B) | 300 | 300 |
| &nbsp;&nbsp;&nbsp;Lunar Structured Aircraft Portfolio Notes, Ser 2021-1, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.636%, 10/15/2046 (B) | 165 | 157 |

---

SEI Catholic Values Trust 23

**SCHEDULE OF INVESTMENTS (Unaudited)**

November 30, 2025

**Catholic Values Fixed Income Fund**

---

| | | |
|:---|:---|:---|
| Description | Face Amount (Thousands) | Market Value <br> ($ Thousands) |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp;Madison Park Funding XXXVI, Ser 2025-36A, Cl B1RR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.455%, TSFR3M + 1.550%, 04/15/2035 (A)(B) | $250 | $250 |
| &nbsp;&nbsp;&nbsp;Neuberger Berman Loan Advisers Lasalle Street Lending CLO I, Ser 2025-1A, Cl BR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.590%, TSFR3M + 1.700%, 10/25/2036 (A)(B) | 300 | 300 |
| &nbsp;&nbsp;&nbsp;OCP CLO 2025-45, Ser 2025-45A, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.101%, TSFR3M + 1.230%, 10/15/2038 (A)(B) | 387 | 386 |
| &nbsp;&nbsp;&nbsp;OCP CLO, Ser 2024-10A, Cl AR3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.168%, TSFR3M + 1.310%, 01/26/2038 (A)(B) | 560 | 560 |
| &nbsp;&nbsp;&nbsp;Octagon Investment Partners 40, Ser 2025-1A, Cl BRR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.434%, TSFR3M + 1.550%, 01/20/2035 (A)(B) | 290 | 290 |
| &nbsp;&nbsp;&nbsp;Palmer Square CLO, Ser 2024-4A, Cl A1R |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.234%, TSFR3M + 1.350%, 10/20/2037 (A)(B) | 284 | 284 |
| &nbsp;&nbsp;&nbsp;Palmer Square Loan Funding, Ser 2022-2A, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.175%, TSFR3M + 1.270%, 10/15/2030 (A)(B) | 3 | 3 |
| &nbsp;&nbsp;&nbsp;PFS Financing, Ser 2025-D, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.470%, 05/15/2030 (B) | 321 | 324 |
| &nbsp;&nbsp;&nbsp;Planet Fitness Master Issuer, Ser 2024-1A, Cl A2I |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.765%, 06/05/2054 (B) | 490 | 497 |
| &nbsp;&nbsp;&nbsp;Progress Residential Trust, Ser 2023-SFR2, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 10/17/2040 (B) | 527 | 529 |
| &nbsp;&nbsp;&nbsp;Progress Residential Trust, Ser 2024-SFR5, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.000%, 08/09/2029 (B) | 1 | 1 |
| &nbsp;&nbsp;&nbsp;Rockford Tower CLO, Ser 2025-1A, Cl A1RR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.974%, TSFR3M + 1.090%, 01/20/2036 (A)(B) | 315 | 314 |
| &nbsp;&nbsp;&nbsp;Sabey Data Center Issuer, Ser 2021-1, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.881%, 06/20/2046 (B) | 466 | 457 |
| &nbsp;&nbsp;&nbsp;SBA Small Business Investment, Ser 2023-10A, Cl 1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.168%, 03/10/2033 | 269 | 275 |
| &nbsp;&nbsp;&nbsp;SBA Small Business Investment, Ser 2024-10A, Cl 1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.035%, 03/10/2034 | 506 | 516 |
| &nbsp;&nbsp;&nbsp;SBA Small Business Investment, Ser 2025-10A, Cl 1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.963%, 03/10/2035 | 335 | 342 |
| &nbsp;&nbsp;&nbsp;SBA Small Business Investment, Ser 2025-10B, Cl 1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.532%, 09/10/2035 | 635 | 637 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount (Thousands) | Market Value<br> ($ Thousands) |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp;Sixth Street CLO VIII, Ser 2024-8A, Cl A1R2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.034%, TSFR3M + 1.150%, 10/20/2034 (A)(B) | $250 | $250 |
| &nbsp;&nbsp;&nbsp;Slam, Ser 2024-1A, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.335%, 09/15/2049 (B) | 213 | 216 |
| &nbsp;&nbsp;&nbsp;Subway Funding, Ser 2024-1A, Cl A2I |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.028%, 07/30/2054 (B) | 320 | 323 |
| &nbsp;&nbsp;&nbsp;Subway Funding, Ser 2024-1A, Cl A2II |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.268%, 07/30/2054 (B) | 175 | 179 |
| &nbsp;&nbsp;&nbsp;Switch ABS Issuer, Ser 2024-1A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.280%, 03/25/2054 (B) | 300 | 304 |
| &nbsp;&nbsp;&nbsp;Switch ABS Issuer, Ser 2025-1A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.036%, 03/25/2055 (B) | 70 | 69 |
| &nbsp;&nbsp;&nbsp;Taco Bell Funding, Ser 2021-1A, Cl A2II |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.294%, 08/25/2051 (B) | 424 | 396 |
| &nbsp;&nbsp;&nbsp;Taco Bell Funding, Ser 2025-1A, Cl A2I |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.821%, 08/25/2055 (B) | 451 | 452 |
| &nbsp;&nbsp;&nbsp;Tricon American Homes Trust, Ser 2019-SFR1, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.750%, 03/17/2038 (B) | 282 | 280 |
| &nbsp;&nbsp;&nbsp;Tricon American Homes Trust, Ser 2020-SFR2, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.482%, 11/17/2039 (B) | 201 | 191 |
| &nbsp;&nbsp;&nbsp;Tricon Residential 2021-SFR1 Trust, Ser 2021-SFR1, Cl F |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.692%, 07/17/2038 (B) | 360 | 356 |
| &nbsp;&nbsp;&nbsp;Tricon Residential Trust, Ser 2024-SFR4, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.300%, 11/17/2041 (B) | 401 | 400 |
| &nbsp;&nbsp;&nbsp;Trinitas CLO VI, Ser 2025-6A, Cl B1R4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.508%, TSFR3M + 1.650%, 01/25/2034 (A)(B) | 250 | 250 |
| &nbsp;&nbsp;&nbsp;U.S. Small Business Administration, Ser 2010-20B, Cl 1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.140%, 02/01/2030 | 16 | 16 |
| &nbsp;&nbsp;&nbsp;U.S. Small Business Administration, Ser 2011-20G, Cl 1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.740%, 07/01/2031 | 77 | 77 |
| &nbsp;&nbsp;&nbsp;U.S. Small Business Administration, Ser 2011-20H, Cl 1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.290%, 08/01/2031 | 42 | 41 |
| &nbsp;&nbsp;&nbsp;U.S. Small Business Administration, Ser 2013-20G, Cl 1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.150%, 07/01/2033 | 180 | 175 |
| &nbsp;&nbsp;&nbsp;U.S. Small Business Administration, Ser 2014-20C, Cl 1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.210%, 03/01/2034 | 156 | 151 |
| &nbsp;&nbsp;&nbsp;U.S. Small Business Administration, Ser 2015-20F, Cl 1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.980%, 06/01/2035 | 53 | 51 |
| &nbsp;&nbsp;&nbsp;U.S. Small Business Administration, Ser 2017-20H, Cl 1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.750%, 08/01/2037 | 122 | 115 |

---

24 SEI Catholic Values Trust

**SCHEDULE OF INVESTMENTS (Unaudited)**

November 30, 2025

**Catholic Values Fixed Income Fund**

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Face Amount (Thousands) | Face Amount (Thousands) | Market Value <br> ($ Thousands) | Market Value <br> ($ Thousands) |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp;U.S. Small Business Administration, Ser 2018-20A, Cl 1 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.920%, 01/01/2038 | $| 128 | $| 121 |
| &nbsp;&nbsp;&nbsp;U.S. Small Business Administration, Ser 2018-20B, Cl 1 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.220%, 02/01/2038 |  | 194 |  | 184 |
| &nbsp;&nbsp;&nbsp;U.S. Small Business Administration, Ser 2022-25E, Cl 1 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.940%, 05/01/2047 |  | 290 |  | 279 |
| &nbsp;&nbsp;&nbsp;U.S. Small Business Administration, Ser 2022-25G, Cl 1 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.930%, 07/01/2047 |  | 392 |  | 378 |
| &nbsp;&nbsp;&nbsp;U.S. Small Business Administration, Ser 2024-25F, Cl 1 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.040%, 06/01/2049 |  | 389 |  | 398 |
| &nbsp;&nbsp;&nbsp;Wendy's Funding, Ser 2019-1A, Cl A2I |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.783%, 06/15/2049 (B) |  | 135 |  | 134 |
| &nbsp;&nbsp;&nbsp;Wendy's Funding, Ser 2025-1A, Cl A2I |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.422%, 12/15/2055 (B) |  | 393 |  | 395 |
|  |  |  |  | 22506 |
| Total Asset-Backed Securities |  |  |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $26,456) ($ Thousands) |  |  |  | 26609 |
| **MUNICIPAL BONDS — 0.7%** | **MUNICIPAL BONDS — 0.7%** | **MUNICIPAL BONDS — 0.7%** | **MUNICIPAL BONDS — 0.7%** | **MUNICIPAL BONDS — 0.7%** |
| **California — 0.1%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;California State, Build America, GO | &nbsp;&nbsp;&nbsp;California State, Build America, GO | &nbsp;&nbsp;&nbsp;California State, Build America, GO | &nbsp;&nbsp;&nbsp;California State, Build America, GO | &nbsp;&nbsp;&nbsp;California State, Build America, GO |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.500%, 04/01/2034 |  | 280 |  | 330 |
| **Illinois — 0.2%** | **Illinois — 0.2%** | **Illinois — 0.2%** | **Illinois — 0.2%** | **Illinois — 0.2%** |
| &nbsp;&nbsp;&nbsp;Chicago, Metropolitan Water Reclamation District, GO |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.720%, 12/01/2038 |  | 345 |  | 365 |
| **Massachusetts — 0.1%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Massachusetts State, Educational Financing Authority, Ser A, RB |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.141%, 07/01/2027 |  | 285 |  | 285 |
| **New York — 0.3%** | **New York — 0.3%** | **New York — 0.3%** | **New York — 0.3%** | **New York — 0.3%** |
| &nbsp;&nbsp;&nbsp;Empire State Development, Ser E, RB |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.770%, 03/15/2039 |  | 215 |  | 223 |
| &nbsp;&nbsp;&nbsp;New York City Transitional Finance Authority, Ser A, RB |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 05/01/2054 |  | 180 |  | 186 |
| &nbsp;&nbsp;&nbsp;New York City Transitional Finance Authority, Ser E, RB |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 11/01/2053 |  | 25 |  | 26 |
| &nbsp;&nbsp;&nbsp;New York City, Ser H, GO |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.935%, 02/01/2055 |  | 110 |  | 118 |
| &nbsp;&nbsp;&nbsp;New York State Thruway Authority, Ser B, RB |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 03/15/2059 |  | 30 |  | 31 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value <br> ($ Thousands) | Market Value <br> ($ Thousands) |
| **MUNICIPAL BONDS (continued)** | **MUNICIPAL BONDS (continued)** | **MUNICIPAL BONDS (continued)** | **MUNICIPAL BONDS (continued)** |
| &nbsp;&nbsp;&nbsp;New York State Thruway Authority, Ser C, RB |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 03/15/2053 | $105 | $| 108 |
|  |  |  | 692 |
| **Texas — 0.0%** | **Texas — 0.0%** | **Texas — 0.0%** | **Texas — 0.0%** |
| &nbsp;&nbsp;&nbsp;Lamar Consolidated Independent School District, Ser A, GO, PSF-GTD |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 02/15/2058 | 55 |  | 57 |
| &nbsp;&nbsp;&nbsp;Pasadena Independent School District, GO, PSF-GTD |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.250%, 02/15/2053 | 55 |  | 53 |
|  |  |  | 110 |
| Total Municipal Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $1,833) ($ Thousands) |  |  | 1782 |
| **SOVEREIGN DEBT — 0.6%** |  |  |  |
| &nbsp;&nbsp;&nbsp;Brazilian Government International Bond |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 01/14/2050 | 200 |  | 148 |
| &nbsp;&nbsp;&nbsp;Colombia Government International Bond |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.625%, 02/26/2044 | 200 |  | 162 |
| &nbsp;&nbsp;&nbsp;Electricite de France MTN |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 06/17/2044 | 100 |  | 116 |
| &nbsp;&nbsp;&nbsp;Mexico Government International Bond |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.600%, 02/10/2048 | $200 |  | 157 |
| &nbsp;&nbsp;&nbsp;New South Wales Treasury |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 02/24/2038 | 420 |  | 272 |
| &nbsp;&nbsp;&nbsp;Queensland Treasury |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 08/13/2038(B) | 420 |  | 270 |
| &nbsp;&nbsp;&nbsp;Romanian Government International Bond |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.625%, 05/16/2036 | $152 |  | 157 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 03/24/2035 | 48 |  | 47 |
| &nbsp;&nbsp;&nbsp;Treasury Corp of Victoria MTN | &nbsp;&nbsp;&nbsp;Treasury Corp of Victoria MTN | &nbsp;&nbsp;&nbsp;Treasury Corp of Victoria MTN | &nbsp;&nbsp;&nbsp;Treasury Corp of Victoria MTN |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.000%, 11/20/2037 | 175 |  | 80 |
| Total Sovereign Debt |  |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $1,546) ($ Thousands) |  |  | 1409 |

---

SEI Catholic Values Trust 25

**SCHEDULE OF INVESTMENTS (Unaudited)**

November 30, 2025

**Catholic Values Fixed Income Fund**

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value <br> ($ Thousands) |
| **CASH EQUIVALENT — 4.2%** | **CASH EQUIVALENT — 4.2%** | **CASH EQUIVALENT — 4.2%** |
| &nbsp;&nbsp;&nbsp;SEI Daily Income Trust, Government Fund, Institutional Class |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.950%<sup>\*\*†</sup> | 10444717 | $10445 |
| Total Cash Equivalent |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $10,445) ($ Thousands) |  | 10445 |

---

---

| | |
|:---|:---|
| Description | Market Value<br> ($ Thousands) |
| **PURCHASED SWAPTIONS — 0.0%** | **PURCHASED SWAPTIONS — 0.0%** |
| Total Purchased Swaptions |  |
| &nbsp;&nbsp;&nbsp;(Cost $40) ($ Thousands) | $17 |
| Total Investments in Securities — 108.5% |  |
| &nbsp;&nbsp;&nbsp;(Cost $271,642) ($ Thousands) | $269844 |

---

A list of open over the counter swaptions contracts for the Fund at November 30, 2025, is as follows:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Counterparty** | **Number of Contracts/Notional Amount** | **Exercise Price** | **Expiration Date** | **Value (Thousands)** |
| **PURCHASED SWAPTIONS — 0.0%** | **PURCHASED SWAPTIONS — 0.0%** | **PURCHASED SWAPTIONS — 0.0%** | **PURCHASED SWAPTIONS — 0.0%** | **PURCHASED SWAPTIONS — 0.0%** | **PURCHASED SWAPTIONS — 0.0%** |
| **Put Swaptions** | **Put Swaptions** | **Put Swaptions** | **Put Swaptions** | **Put Swaptions** | **Put Swaptions** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Swaption | Goldman Sachs | $2285000 | $3.81 | 02/21/2026 | $– |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Swaption | Goldman Sachs | 2285000 | 3.81 | 03/21/2026 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Swaption | Goldman Sachs | 5380000 | 3.62 | 03/21/2026 | 2 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Swaption | Goldman Sachs | 5380000 | 3.64 | 02/21/2026 | 14 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Swaption | Goldman Sachs | 5380000 | 3.67 | 01/17/2026 | 1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Swaption | Goldman Sachs | 2285000 | 3.81 | 01/17/2026 | – |
| Total Purchased Swaptions |  | $22995000 |  |  | $17 |

---

A list of the open futures contracts held by the Fund at November 30, 2025, is as follows:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Type of Contract** | **Number of Contracts** | **Expiration Date** | **Notional Amount (Thousands)** | **Value (Thousands)** | **Unrealized Appreciation (Depreciation)(Thousands)** |
| Long Contracts | Long Contracts | Long Contracts | Long Contracts | Long Contracts | Long Contracts |
| &nbsp;&nbsp;&nbsp;U.S. 2-Year Treasury Note | 86 | Mar-2026 | $17942 | $17962 | $20 |
| &nbsp;&nbsp;&nbsp;U.S. 5-Year Treasury Note | 6 | Mar-2026 | 656 | 659 | 3 |
|  |  |  | 18598 | 18621 | 23 |
| Short Contracts | Short Contracts | Short Contracts | Short Contracts | Short Contracts | Short Contracts |
| &nbsp;&nbsp;&nbsp;Australian 10-Year Bond | (11) | Dec-2025 | $(821) | $(806) | $22 |
| &nbsp;&nbsp;&nbsp;Australian 3-Year Bond | (1) | Dec-2025 | (70) | (70) | 1 |
| &nbsp;&nbsp;&nbsp;Euro-Bund 10-Year Bond | (3) | Dec-2025 | (299) | (449) | (1) |
| &nbsp;&nbsp;&nbsp;Euro-Schatz | (1) | Dec-2025 | (126) | (125) |  |
| &nbsp;&nbsp;&nbsp;Long Gilt 10-Year Bond | (1) | Mar-2026 | (118) | (120) | (1) |
| &nbsp;&nbsp;&nbsp;U.S. Ultra Long Treasury Bond | (1) | Mar-2026 | (120) | (121) | (1) |
|  |  |  | (1554) | (1691) | 20 |
|  |  |  | $17044 | $16930 | $43 |

---

26 SEI Catholic Values Trust

**SCHEDULE OF INVESTMENTS (Unaudited)**

November 30, 2025

**Catholic Values Fixed Income Fund** (Concluded)

Percentages are based on Net Assets of $248,668 ($ Thousands).

\*\* The rate reported is the 7-day effective yield as of November 30, 2025.

<sup>†</sup> Investment in Affiliated Security.

&nbsp;&nbsp;&nbsp;&nbsp;(A) Variable
 or floating rate security. The rate shown is the effective interest rate as of period
 end. The rates on certain securities are not based on published reference rates and spreads
 and are either determined by the issuer or agent based on current market conditions;
 by using a formula based on the rates of underlying loans; or by adjusting periodically
 based on prevailing interest rates.

&nbsp;&nbsp;&nbsp;&nbsp;(B) Security,
 or a portion thereof, exempt from registration under Rule 144A of the Securities Act
 of 1933. These securities may be resold in transactions exempt from registration normally
 to qualified institutions. On November 30, 2025, the value of these securities amounted
 to $54,995 ($ Thousands), representing 22.1% of the Net Assets of the Fund.

&nbsp;&nbsp;&nbsp;&nbsp;(C) Step
 coupon security. Coupon rate will either increase (step-up bond) or decrease (step-down
 bond) at regular intervals until maturity. Interest rate shown reflects the rate currently
 in effect.

&nbsp;&nbsp;&nbsp;&nbsp;(D) Security
 is in default on interest payment.

&nbsp;&nbsp;&nbsp;&nbsp;(E) Zero
 coupon security.

&nbsp;&nbsp;&nbsp;&nbsp;(F) Perpetual
 security with no stated maturity date.

ABS — Asset-Backed Security

ARM — Adjustable Rate Mortgage

AUD — Australian Dollar

Cl — Class

CLO — Collateralized Loan Obligation

CMO — Collateralized Mortgage Obligation

DAC — Designated Activity Company

EUR — Euro

FHLMC — Federal Home Loan Mortgage Corporation

FNMA — Federal National Mortgage Association

GBP — British Pound

GNMA — Government National Mortgage Association

GO — General Obligation

H15T1Y — U.S. Treasury Yield Curve Rate T Note Constant Maturity 1 Year

H15T5Y — U.S. Treasury Yield Curve Rate T Note Constant Maturity 5 Year

IO — Interest Only — face amount represents notional amount

MTN — Medium Term Note

RB — Revenue Bond

REIT — Real Estate Investment Trust

REMIC — Real Estate Mortgage Investment Conduit

RFUCCT1Y — Refinitiv USD IBOR Consumer Cash Fallbacks Term 1-Year

Ser — Series

SOFR30A — Secured Overnight Financing Rate 30-day Average

SOFRRATE — Secured Overnight Financing Rate

STACR — Structured Agency Credit Risk

TBA — To Be Announced

TSFR1M — Term Secured Overnight Financing Rate 1 Month

TSFR3M — Term Secured Overnight Financing Rate 3 Months

The following is a summary of the Fund's transactions with affiliates for the period ended November 30, 2025 ($ Thousands):

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Security Description** | **Value 2/28/2025** | **Purchases at Cost** | **Proceeds from Sales** | **Realized Gain (Loss)** | **Change in Unrealized Appreciation (Depreciation)** | **Value 11/30/2025** | **Income** | **Capital Gains** |
| SEI Daily Income Trust, Government Fund, Institutional Class | $4366 | $325124 | $(319045) | $— | $— | $10445 | $442 | $— |

---

Amounts designated as "—" are $0 or have been rounded to $0.

SEI Catholic Values Trust 27

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** SEI CATHOLIC VALUES TRUST

- **b. Investment Company Act file number:** 811-23015

- **c. CIK number of Registrant:** 0001627853

- **d. LEI of Registrant:** 549300HNHS8PWODW1A40

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

  - **Street Address 1:** ONE FREEDOM VALLEY DRIVE

  - **City:** OAKS

  - **State:** PA

  - **Foreign country:** US

  - **Zip / Postal Code:** 19456

  - **Telephone number:** 8003425734

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

- **a. Name of Series:** Catholic Values Fixed Income Fund

- **b. EDGAR series identifier (if any):** S000048321

- **c. LEI of Series:** 549300PGEESYEMTFDK65

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

- **a. Date of fiscal year-end:** 2026-02-28

- **b. Date as of which information is reported:** 2025-11-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $270497135.66

**Total Liabilities:** $21829531.00

**Net Assets:** $248667604.66

**Cash Not Reported:** $5371.73

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -427.19769288 | **1-Year:** -8551.98890095 | **5-Year:** -25419.96192676 | **10-Year:** -32725.54438468 | **30-Year:** -10043.65037242

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

- **3-Month:** -180.74127037 | **1-Year:** -2589.78074346 | **5-Year:** -6473.81987176 | **10-Year:** -5257.29404167 | **30-Year:** -1235.12009400

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000152592 | 0.64%                | 0.55%                | 1.12%                |
| Class ID C000152593 | 0.65%                | 0.56%                | 1.13%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $142569.79               | $518149.80                                 |
| Month 2  | $79314.59                | $584200.12                                 |
| Month 3  | $328284.14               | $1621453.66                                |

**Designated Index Information**

- **Index Name:** Bloomberg US Aggregate Bond Index (USD)

- **Index Identifier:** LEH_AGG

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| PACIFIC NATIONAL FINANCE PTY LTD                                             | PACIFIC NATIONAL FINANCE PTY LTD MTN 3.700000% 09/24/2029                         | CUSIP: Q72457AB2<br>LEI: 213800SSTRDXLWWVF948 | Long             | DBT              | NUSS              | AU        |    100000 | PA      | $60638.35     | 0.02%             | 2029-09-24      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2                                   | GINNIE MAE II POOL G2 MA6711                                                      | CUSIP: 36179VN48<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     73152 | PA      | $67680.62     | 0.03%             | 2050-06-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN FS9697                                                         | CUSIP: 3140XRX34<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    694653 | PA      | $657730.56    | 0.26%             | 2037-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN FM1000                                                         | CUSIP: 3140X4DE3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    158098 | PA      | $144426.33    | 0.06%             | 2047-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINANCIAL COMPANY, INC.                                       | GENERAL MOTORS FINANCIAL CO INC 2.400000% 10/15/2028                              | CUSIP: 37045XDP8<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    553000 | PA      | $527082.48    | 0.21%             | 2028-10-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| ORACLE CORPORATION                                                           | ORACLE CORP 2.950000% 04/01/2030                                                  | CUSIP: 68389XBV6<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |     20000 | PA      | $18603.36     | 0.01%             | 2030-04-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| ATLAS WAREHOUSE LENDING COMPANY, L.P.                                        | ATLAS WAREHOUSE LENDING CO LP 144A 4.625000% 11/15/2028                           | CUSIP: 049463AF9<br>LEI: 25490068J12A1HV7YM70 | Long             | DBT              | CORP              | US        |    401000 | PA      | $402155.20    | 0.16%             | 2028-11-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC POOL FR SD7548                                                        | CUSIP: 3132DVL52<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |   1226137 | PA      | $1065902.33   | 0.43%             | 2051-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| United States of America                                                     | US TREASURY N/B 4.000000% 11/15/2035                                              | CUSIP: 91282CPJ4<br>LEI: 254900HROIFWPRGM1V77 | Long             | SN               | UST               | US        |   4441000 | PA      | $4434060.94   | 1.78%             | 2035-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HOMES TRUST                                                                  | HOMES 2024-NQM2 TRUST HOMES 2024-NQM2 A1                                          | CUSIP: 43761CAA0<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    240315 | PA      | $242498.42    | 0.10%             | 2069-10-25      | Fixed         | 5.72%                 | Yes           |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                                                  | BANK OF AMERICA CORP MTN 4.376000% 04/27/2028                                     | CUSIP: 06051GKP3<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100359.67    | 0.04%             | 2028-04-27      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| SkyMiles IP Ltd.                                                             | DELTA AIR LINES INC / SKYMILES IP LTD 144A 4.750000% 10/20/2028                   | CUSIP: 830867AB3<br>LEI: 2549008L7P4I8VB90936 | Long             | DBT              | NUSS              | US        |     50000 | PA      | $50303.68     | 0.02%             | 2028-10-20      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| GOLUB CAPITAL BDC, INC.                                                      | GOLUB CAPITAL BDC INC 7.050000% 12/05/2028                                        | CUSIP: 38173MAD4<br>LEI: 2549005WE0QLGK9APF78 | Long             | DBT              | CORP              | US        |    119000 | PA      | $125286.55    | 0.05%             | 2028-12-05      | Fixed         | 7.05%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC GOLD POOL FG Q45560                                                   | CUSIP: 3132WKFA1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     32075 | PA      | $29328.15     | 0.01%             | 2047-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CYRUSONE DATA CENTER ISSUER LLC                                              | CYRUSONE DATA CENTERS ISSUER I LLC CYRUS 2025-1A A2                               | CUSIP: 23284BAJ3<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    160000 | PA      | $162994.88    | 0.07%             | 2050-02-20      | Fixed         | 5.91%                 | Yes           |                  2 | On Loan: No      |
| United Kingdom of Great Britain and Northern Ireland                         | LONG GILT FUTURE  MAR26 FINANCIAL COMMODITY FUTURE.                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |        -1 | NC      | $-121343.01   | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| VOLKSWAGEN GROUP OF AMERICA FINANCE, LLC                                     | VOLKSWAGEN GROUP OF AMERICA FINANCE LLC 144A 5.650000% 03/25/2032                 | CUSIP: 928668CR1<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | DE        |    145000 | PA      | $150709.76    | 0.06%             | 2032-03-25      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN FS6451                                                         | CUSIP: 3140XNEZ3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     76540 | PA      | $78044.31     | 0.03%             | 2053-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| TIME WARNER CABLE, LLC                                                       | TIME WARNER CABLE LLC 7.300000% 07/01/2038                                        | CUSIP: 88732JAN8<br>LEI: 549300U5NFR7S6E3GM41 | Long             | DBT              | CORP              | US        |     90000 | PA      | $95809.10     | 0.04%             | 2038-07-01      | Fixed         | 7.30%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN MA4626                                                         | CUSIP: 31418ED80<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |   1946168 | PA      | $1865210.08   | 0.75%             | 2052-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| THE HOME DEPOT, INC.                                                         | HOME DEPOT INC/THE 1.375000% 03/15/2031                                           | CUSIP: 437076CF7<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |     50000 | PA      | $43456.55     | 0.02%             | 2031-03-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| SMALL BUSINESS ADMINISTRATION GTD                                            | UNITED STATES SMALL BUSINESS ADMINISTRATION SBAP 2013-20G 1                       | CUSIP: 83162CVR1<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    180190 | PA      | $174737.87    | 0.07%             | 2033-07-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN CB5108                                                         | CUSIP: 3140QQVA0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    155576 | PA      | $158720.41    | 0.06%             | 2052-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN AL3000                                                         | CUSIP: 3138EKKN4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     81538 | PA      | $77845.99     | 0.03%             | 2042-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN BM4897                                                         | CUSIP: 3140J9NP2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     28469 | PA      | $27191.75     | 0.01%             | 2046-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA, INC.                                                           | T-MOBILE USA INC 2.250000% 02/15/2026                                             | CUSIP: 87264ABR5<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9955.84      | 0.00%             | 2026-02-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| CCO HOLDINGS, LLC                                                            | CCO HOLDINGS LLC / CCO HOLDINGS CAPITAL CORP 144A 4.750000% 02/01/2032            | CUSIP: 1248EPCQ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $91883.52     | 0.04%             | 2032-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN FM3041                                                         | CUSIP: 3140X6LX7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    167344 | PA      | $173796.11    | 0.07%             | 2049-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CHARTER COMMUNICATIONS OPERATING, LLC                                        | CHARTER COMMUNICATIONS OPERATING LLC / CHARTER COM 5.375000% 04/01/2038           | CUSIP: 161175BM5<br>LEI: 549300TPZNMN50BJ3745 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9276.89      | 0.00%             | 2038-04-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| United States of America                                                     | US TREASURY N/B 4.500000% 02/15/2044                                              | CUSIP: 912810TZ1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1002000 | PA      | $990022.97    | 0.40%             | 2044-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| LAMAR TEX CONS INDPT SCH DIST                                                | LAMAR TX CONSOL INDEP SCH DIST LAMAR CONSOLIDATED INDEPENDENT SCHOOL DISTRICT     | CUSIP: 513174M25<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $56931.48     | 0.02%             | 2058-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ALTICE FINANCING S.A.                                                        | ALTICE FINANCING SA 144A 9.625000% 07/15/2027                                     | CUSIP: 02154CAJ2<br>LEI: 549300DIYGW8HVDF7Q17 | Long             | DBT              | NUSS              | LU        |     10000 | PA      | $7981.70      | 0.00%             | 2027-07-15      | Fixed         | 9.62%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL PLAQUEMINES LNG, LLC                                          | VENTURE GLOBAL PLAQUEMINES LNG LLC 144A 6.500000% 01/15/2034                      | CUSIP: 922966AC0<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |      4000 | PA      | $4137.21      | 0.00%             | 2034-01-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2                                   | GINNIE MAE II POOL G2 MA8346                                                      | CUSIP: 36179XHX7<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    474214 | PA      | $453456.58    | 0.18%             | 2052-10-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2                                   | GINNIE MAE II POOL G2 786579                                                      | CUSIP: 3622ACFU9<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     72219 | PA      | $73329.74     | 0.03%             | 2053-03-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                                                  | BANK OF AMERICA CORP MTN 3.970000% 03/05/2029                                     | CUSIP: 06051GHG7<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    150000 | PA      | $149762.69    | 0.06%             | 2029-03-05      | Fixed         | 3.97%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2                                   | GINNIE MAE II POOL G2 MA4720                                                      | CUSIP: 36179TG58<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     33021 | PA      | $31907.18     | 0.01%             | 2047-09-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN FS9027                                                         | CUSIP: 3140XRA54<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    618700 | PA      | $635343.64    | 0.26%             | 2053-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA, INC.                                                           | T-MOBILE USA INC 3.750000% 04/15/2027                                             | CUSIP: 87264ABD6<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9954.40      | 0.00%             | 2027-04-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                     | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2021-223 P                           | CUSIP: 38383FHR7<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     71044 | PA      | $62722.62     | 0.03%             | 2051-06-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2                                   | GINNIE MAE II POOL G2 MA3736                                                      | CUSIP: 36179SEH6<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     11491 | PA      | $10767.05     | 0.00%             | 2046-06-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC POOL FR SD1305                                                        | CUSIP: 3132DNNW9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    102878 | PA      | $103155.96    | 0.04%             | 2052-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AIA Group Limited                                                            | AIA GROUP LTD MTN 4.950000% 03/30/2035                                            | CUSIP: 00131LAR6<br>LEI: ZP5ILWVSYE4LJGMMVD57 | Long             | DBT              | NUSS              | HK        |    237000 | PA      | $240832.49    | 0.10%             | 2035-03-30      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| BOSTON GAS COMPANY                                                           | BOSTON GAS CO 144A 5.843000% 01/10/2035                                           | CUSIP: 100743AP8<br>LEI: FN7P4E7K9JOBORDEUX61 | Long             | DBT              | CORP              | US        |    551000 | PA      | $586511.66    | 0.24%             | 2035-01-10      | Fixed         | 5.84%                 | No            |                  2 | On Loan: No      |
| Genpact Luxembourg S.a.r.l.                                                  | GENPACT LUXEMBOURG SARL/GENPACT USA INC 6.000000% 06/04/2029                      | CUSIP: 37190AAB5<br>LEI: 549300875ZJZQ1PBR343 | Long             | DBT              | NUSS              | US        |    289000 | PA      | $301500.27    | 0.12%             | 2029-06-04      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN AL8936                                                         | CUSIP: 3138ET4W3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     44279 | PA      | $44361.57     | 0.02%             | 2046-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC POOL FR SD7543                                                        | CUSIP: 3132DVLY9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    951206 | PA      | $825996.36    | 0.33%             | 2051-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| New South Wales Treasury Corporation                                         | NEW S WALES TREASURY CRP 5.250000% 02/24/2038                                     | CUSIP: N/A<br>LEI: TC7LRO17HPNPLTAV0H77       | Long             | DBT              | NUSS              | AU        |    420000 | PA      | $271950.87    | 0.11%             | 2038-02-24      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SMALL BUSINESS ADMINISTRATION GTD                                            | UNITED STATES SMALL BUSINESS ADMINISTRATION SBAP 2022-25G 1                       | CUSIP: 83162CQ22<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    391932 | PA      | $377650.84    | 0.15%             | 2047-07-01      | Fixed         | 3.93%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN FS5708                                                         | CUSIP: 3140XMKW5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     74728 | PA      | $75531.07     | 0.03%             | 2053-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN BD3715                                                         | CUSIP: 3140FBDV9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    133525 | PA      | $125282.63    | 0.05%             | 2046-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| STARBUCKS CORPORATION                                                        | STARBUCKS CORP 5.400000% 05/15/2035                                               | CUSIP: 855244BM0<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | DBT              | CORP              | US        |     30000 | PA      | $31371.15     | 0.01%             | 2035-05-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| SPECTRUM BRANDS, INC.                                                        | SPECTRUM BRANDS INC 144A 3.875000% 03/15/2031                                     | CUSIP: 84762LAX3<br>LEI: 549300VU3EH2E73C1Q04 | Long             | DBT              | CORP              | US        |     60000 | PA      | $48899.27     | 0.02%             | 2031-03-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN BQ4821                                                         | CUSIP: 3140KQLB5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    100922 | PA      | $87577.14     | 0.04%             | 2050-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| AIR CANADA 2015-1 PASS THROUGH TRUST                                         | AIR CANADA 2015-1 CLASS A PASS THROUGH TRUST 144A 3.600000% 03/15/2027            | CUSIP: 009090AA9<br>LEI: N/A                  | Long             | DBT              | NUSS              | CA        |    162009 | PA      | $159915.82    | 0.06%             | 2027-03-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| CONSTELLATION BRANDS, INC.                                                   | CONSTELLATION BRANDS INC 2.250000% 08/01/2031                                     | CUSIP: 21036PBH0<br>LEI: 5493005GKEG8QCVY7037 | Long             | DBT              | CORP              | US        |    170000 | PA      | $150756.18    | 0.06%             | 2031-08-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO.                                                         | JPMORGAN CHASE & CO 3.509000% 01/23/2029                                          | CUSIP: 46647PAM8<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    390000 | PA      | $385964.10    | 0.16%             | 2029-01-23      | Fixed         | 3.51%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                     | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2022-189 PT                          | CUSIP: 38383LDU1<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     79937 | PA      | $67790.21     | 0.03%             | 2051-10-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN FM8576                                                         | CUSIP: 3140XCQ68<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    122106 | PA      | $111124.11    | 0.04%             | 2050-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| COMCAST CORPORATION                                                          | COMCAST CORP 3.400000% 04/01/2030                                                 | CUSIP: 20030NDG3<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |     20000 | PA      | $19390.52     | 0.01%             | 2030-04-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN BF0301                                                         | CUSIP: 3140FXKP6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     29431 | PA      | $28819.03     | 0.01%             | 2058-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| TEACHERS INSURANCE AND ANNUITY ASSOCIATION OF AMERICA                        | TEACHERS INSURANCE & ANNUITY ASSOCIATION OF AMERIC 4.900000% 09/15/2044           | CUSIP: 878091BD8<br>LEI: O06XD7BJ4EPXNABVFN69 | Long             | DBT              | CORP              | US        |    130000 | PA      | $119908.10    | 0.05%             | 2044-09-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| DELL INTERNATIONAL L.L.C.                                                    | DELL INTERNATIONAL LLC / EMC CORP 5.000000% 04/01/2030                            | CUSIP: 24703TAM8<br>LEI: 254900ZARLSVK41DKO78 | Long             | DBT              | CORP              | US        |    160000 | PA      | $163998.60    | 0.07%             | 2030-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES CORP.                                                        | TARGA RESOURCES CORP 4.200000% 02/01/2033                                         | CUSIP: 87612GAA9<br>LEI: 5493003QENHHS261UR94 | Long             | DBT              | CORP              | US        |     40000 | PA      | $38400.72     | 0.02%             | 2033-02-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC POOL FR RA6332                                                        | CUSIP: 3133KNA94<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     75118 | PA      | $62010.75     | 0.02%             | 2051-11-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| SIRIUS XM RADIO LLC                                                          | SIRIUS XM RADIO LLC 144A 5.000000% 08/01/2027                                     | CUSIP: 82967NBA5<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |     56000 | PA      | $56012.54     | 0.02%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLUMBIA PIPELINES OPERATING COMPANY LLC                                     | COLUMBIA PIPELINES OPERATING CO LLC 144A 6.544000% 11/15/2053                     | CUSIP: 19828TAC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     20000 | PA      | $21579.16     | 0.01%             | 2053-11-15      | Fixed         | 6.54%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                                                     | LLOYDS BANKING GROUP PLC 5.721000% 06/05/2030                                     | CUSIP: 53944YBA0<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | NUSS              | GB        |    534000 | PA      | $560227.65    | 0.23%             | 2030-06-05      | Fixed         | 5.72%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA, INC.                                                           | T-MOBILE USA INC 2.875000% 02/15/2031                                             | CUSIP: 87264ABT1<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |     20000 | PA      | $18627.91     | 0.01%             | 2031-02-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| CROSS MORTGAGE TRUST                                                         | CROSS 2025-H4 MORTGAGE TRUST CROSS 2025-H4 A2                                     | CUSIP: 22790AAD7<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    370891 | PA      | $373264.68    | 0.15%             | 2070-06-25      | Fixed         | 5.78%                 | Yes           |                  2 | On Loan: No      |
| FREDDIE MAC STACR REMIC TRUST                                                | FREDDIE MAC STACR REMIC TRUST 2024-DNA1 STACR 2024-DNA1 M2                        | CUSIP: 35564NBA0<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    250000 | PA      | $251558.30    | 0.10%             | 2044-02-25      | Floating      | 6.02%                 | Yes           |                  2 | On Loan: No      |
| Government National Mortgage Association 2                                   | GINNIE MAE II POOL G2 MA5711                                                      | CUSIP: 36179UKY7<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     46345 | PA      | $46145.69     | 0.02%             | 2049-01-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG, INC.                                                     | VENTURE GLOBAL LNG INC 144A 9.000000% MATURITY: PERPETUAL                         | CUSIP: 92332YAF8<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |     67000 | PA      | $57036.06     | 0.02%             | 2174-03-30      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| ROCKFORD TOWER CLO                                                           | ROCKFORD TOWER CLO 2020-1 LTD ROCKT 2020-1A A1RR                                  | CUSIP: 77341EBA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    315000 | PA      | $314364.02    | 0.13%             | 2036-01-20      | Floating      | 4.97%                 | Yes           |                  2 | On Loan: No      |
| FACTSET RESEARCH SYSTEMS INC.                                                | FACTSET RESEARCH SYSTEMS INC 3.450000% 03/01/2032                                 | CUSIP: 303075AB1<br>LEI: 549300ZSJE7NBK6K9P30 | Long             | DBT              | CORP              | US        |    446000 | PA      | $413350.90    | 0.17%             | 2032-03-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN FM6555                                                         | CUSIP: 3140XAH96<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     67733 | PA      | $56109.07     | 0.02%             | 2051-04-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST URBAN DEV CORP REV                                               | NEW YORK ST URBAN DEV CORP REV EMPIRE STATE DEVELOPMENT CORP                      | CUSIP: 650035TD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    215000 | PA      | $222968.98    | 0.09%             | 2039-03-15      | Fixed         | 5.77%                 | No            |                  2 | On Loan: No      |
| SWITCH ABS ISSUER LLC                                                        | SWITCH ABS ISSUER LLC SWTCH 2025-1A A2                                            | CUSIP: 871044AL7<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |     70000 | PA      | $69272.75     | 0.03%             | 2055-03-25      | Fixed         | 5.04%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC GOLD POOL FG Q45737                                                   | CUSIP: 3132WKLT3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     30894 | PA      | $28349.39     | 0.01%             | 2047-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Shell International Finance B.V.                                             | SHELL INTERNATIONAL FINANCE BV 2.875000% 05/10/2026                               | CUSIP: 822582BT8<br>LEI: 213800ITMMKU4Z7I4F78 | Long             | DBT              | NUSS              | US        |     80000 | PA      | $79598.70     | 0.03%             | 2026-05-10      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC GOLD POOL FG G60587                                                   | CUSIP: 31335AUL0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     82384 | PA      | $80192.82     | 0.03%             | 2046-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC GOLD POOL FG G60722                                                   | CUSIP: 31335AYT9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    323454 | PA      | $295950.77    | 0.12%             | 2046-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC POOL FR SD3722                                                        | CUSIP: 3132E0D33<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     73167 | PA      | $73894.44     | 0.03%             | 2053-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FWDP 5Y RTP 3.81 1/30/26                                                     | FWDP 5Y RTP 3.81 1/30/26 EXPIRATION: 1/30/26                                      | CUSIP: SWP121EC7<br>LEI: N/A                  | N/A              | DIR              |  | US        |   2285000 | NC      | $7.72         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN MA4437                                                         | CUSIP: 31418D4X7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    462556 | PA      | $378903.78    | 0.15%             | 2051-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2                                   | GINNIE MAE II POOL 30YR TBA (DECEMBER)                                            | CUSIP: 21H0306C3<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     75000 | PA      | $67655.82     | 0.03%             | 2055-12-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                     | GINNIE MAE I POOL GN 784369                                                       | CUSIP: 3622A22A9<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     78292 | PA      | $75737.26     | 0.03%             | 2045-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE OR FREDDIE MAC 30YR TBA (DECEMBER)                                     | CUSIP: 01F0526C1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    600000 | PA      | $607563.62    | 0.24%             | 2055-12-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2                                   | GINNIE MAE II POOL 30YR TBA (DECEMBER)                                            | CUSIP: 21H0426C8<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    575000 | PA      | $562298.34    | 0.23%             | 2055-12-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2                                   | GINNIE MAE II POOL G2 MA7589                                                      | CUSIP: 36179WNE4<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    694695 | PA      | $603156.33    | 0.24%             | 2051-09-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC POOL FR RA6397                                                        | CUSIP: 3133KNDA8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     70771 | PA      | $61711.61     | 0.02%             | 2051-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC POOL FR SD7568                                                        | CUSIP: 3132DVMR3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    228905 | PA      | $235227.55    | 0.09%             | 2054-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN AB9016                                                         | CUSIP: 31417GAS5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    196286 | PA      | $182230.22    | 0.07%             | 2043-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2                                   | GINNIE MAE II POOL G2 MA5763                                                      | CUSIP: 36179UML3<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     32878 | PA      | $31653.53     | 0.01%             | 2049-02-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2                                   | GINNIE MAE II POOL G2 MA5818                                                      | CUSIP: 36179UPB2<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     60098 | PA      | $60058.37     | 0.02%             | 2049-03-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN AB6802                                                         | CUSIP: 31417DRY1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     85203 | PA      | $81591.67     | 0.03%             | 2042-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| AEP TRANSMISSION COMPANY, LLC                                                | AEP TRANSMISSION CO LLC 5.375000% 06/15/2035                                      | CUSIP: 00115AAS8<br>LEI: 549300X123Z1I0LA3Y84 | Long             | DBT              | CORP              | US        |     55000 | PA      | $57226.89     | 0.02%             | 2035-06-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| RCKT MORTGAGE TRUST                                                          | RCKT MORTGAGE TRUST 2024-CES9 RCKT 2024-CES9 A1A                                  | CUSIP: 749426AA0<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    252099 | PA      | $254328.54    | 0.10%             | 2044-12-25      | Fixed         | 5.58%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN BD2455                                                         | CUSIP: 3140F9WR2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     28883 | PA      | $26392.94     | 0.01%             | 2047-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CROSS MORTGAGE TRUST                                                         | CROSS 2024-H2 MORTGAGE TRUST CROSS 2024-H2 A1                                     | CUSIP: 22757BAA2<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    217692 | PA      | $219717.76    | 0.09%             | 2069-04-25      | Fixed         | 6.09%                 | Yes           |                  2 | On Loan: No      |
| RYDER SYSTEM, INC.                                                           | RYDER SYSTEM INC MTN 5.250000% 06/01/2028                                         | CUSIP: 78355HKW8<br>LEI: ZXJ6Y2OSPZXIVGRILD15 | Long             | DBT              | CORP              | US        |    355000 | PA      | $364729.07    | 0.15%             | 2028-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY PRIVATE BANK, NATIONAL ASSOCIATION                            | MORGAN STANLEY PRIVATE BANK NA 4.204000% 11/17/2028                               | CUSIP: 61776NZU0<br>LEI: 549300GS0W0TEUQS8571 | Long             | DBT              | CORP              | US        |     90000 | PA      | $90152.46     | 0.04%             | 2028-11-17      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN CB2664                                                         | CUSIP: 3140QM6A7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    144596 | PA      | $129666.51    | 0.05%             | 2052-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA, INC.                                                           | T-MOBILE USA INC 3.375000% 04/15/2029                                             | CUSIP: 87264ABV6<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |     20000 | PA      | $19493.96     | 0.01%             | 2029-04-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| CHARTER COMMUNICATIONS OPERATING, LLC                                        | CHARTER COMMUNICATIONS OPERATING LLC / CHARTER COM 5.125000% 07/01/2049           | CUSIP: 161175BS2<br>LEI: 549300TPZNMN50BJ3745 | Long             | DBT              | CORP              | US        |     10000 | PA      | $8027.84      | 0.00%             | 2049-07-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| TOWD POINT MORTGAGE TRUST                                                    | TOWD POINT MORTGAGE TRUST 2024-CES6 TPMT 2024-CES6 A1                             | CUSIP: 891947AA1<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    379268 | PA      | $382718.78    | 0.15%             | 2064-11-25      | Floating      | 5.73%                 | Yes           |                  2 | On Loan: No      |
| AMRIZE FINANCE US LLC                                                        | AMRIZE FINANCE US LLC 144A 4.950000% 04/07/2030                                   | CUSIP: 43475RAC0<br>LEI: 529900FB2F1WKLFNGY62 | Long             | DBT              | CORP              | US        |    460000 | PA      | $471929.30    | 0.19%             | 2030-04-07      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                                 | BARCLAYS PLC 6.490000% 09/13/2029                                                 | CUSIP: 06738ECK9<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | NUSS              | GB        |    582000 | PA      | $616068.96    | 0.25%             | 2029-09-13      | Fixed         | 6.49%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN FS1850                                                         | CUSIP: 3140XHBU0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    293400 | PA      | $292850.38    | 0.12%             | 2050-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| DOMINO'S PIZZA MASTER ISSUER LLC                                             | DOMINO'S PIZZA MASTER ISSUER LLC DPABS 2021-1A A2I                                | CUSIP: 25755TAN0<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    555298 | PA      | $528832.91    | 0.21%             | 2051-04-25      | Fixed         | 2.66%                 | Yes           |                  2 | On Loan: No      |
| SEQUOIA MORTGAGE TRUST                                                       | SEQUOIA MORTGAGE TRUST 2024-4 SEMT 2024-4 A4                                      | CUSIP: 81743BAD9<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    153086 | PA      | $154451.98    | 0.06%             | 2054-05-25      | Floating      | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC GOLD POOL FG G07668                                                   | CUSIP: 3128M9Z96<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     69570 | PA      | $69547.37     | 0.03%             | 2037-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORPORATION                                                   | AMERICAN TOWER CORP 4.900000% 03/15/2030                                          | CUSIP: 03027XCN8<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              | CORP              | US        |    110000 | PA      | $112562.03    | 0.05%             | 2030-03-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| COOPR RESIDENTIAL MORTGAGE TRUST                                             | COOPR RESIDENTIAL MORTGAGE TRUST 2025-CES4 COOPR 2025-CES4 A2                     | CUSIP: 12636SAD7<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    250000 | PA      | $250973.45    | 0.10%             | 2060-11-25      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| EOG RESOURCES, INC.                                                          | EOG RESOURCES INC 4.150000% 01/15/2026                                            | CUSIP: 26875PAP6<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | DBT              | CORP              | US        |     50000 | PA      | $49998.77     | 0.02%             | 2026-01-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| TRITON CONTAINER INTERNATIONAL LIMITED                                       | TRITON CONTAINER INTERNATIONAL LTD / TAL INTERNATI 3.250000% 03/15/2032           | CUSIP: 89681LAA0<br>LEI: 549300O4LZFLCX53XZ54 | Long             | DBT              | NUSS              | BM        |    422000 | PA      | $381131.58    | 0.15%             | 2032-03-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| ING Groep N.V.                                                               | ING GROEP NV 6.114000% 09/11/2034                                                 | CUSIP: 456837BH5<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | NUSS              | NL        |    300000 | PA      | $326337.14    | 0.13%             | 2034-09-11      | Fixed         | 6.11%                 | No            |                  2 | On Loan: No      |
| OCP CLO LTD                                                                  | OCP CLO 2025-45 LTD OCP 2025-45A A                                                | CUSIP: 67126BAA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    387000 | PA      | $386444.27    | 0.16%             | 2038-10-15      | Floating      | 5.10%                 | Yes           |                  2 | On Loan: No      |
| AMAZON.COM, INC.                                                             | AMAZON.COM INC 3.875000% 08/22/2037                                               | CUSIP: 023135BF2<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    280000 | PA      | $260228.14    | 0.10%             | 2037-08-22      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC POOL FR SD8079                                                        | CUSIP: 3132DV6Q3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    101930 | PA      | $83604.62     | 0.03%             | 2050-07-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| FLATIRON CLO LTD                                                             | FLATIRON CLO 19 LTD FLAT 2019-1A AR2                                              | CUSIP: 33883JAW1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    248040 | PA      | $247872.53    | 0.10%             | 2034-11-16      | Floating      | 5.03%                 | Yes           |                  2 | On Loan: No      |
| Element Fleet Management Corp.                                               | ELEMENT FLEET MANAGEMENT CORP 144A 4.641000% 11/24/2030                           | CUSIP: 286181AR3<br>LEI: 5493000PGBS1C22ELQ16 | Long             | DBT              | NUSS              | CA        |    259000 | PA      | $260340.73    | 0.10%             | 2030-11-24      | Fixed         | 4.64%                 | No            |                  2 | On Loan: No      |
| NEUBERGER BERMAN LOAN ADVISERS LASALLE STREET  LENDING CLO LTD               | NEUBERGER BERMAN LOAN ADVISERS LASALLE STREET LEND NEUBL 2023-1A BR               | CUSIP: 640977AS3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |    300000 | PA      | $300406.08    | 0.12%             | 2036-10-25      | Floating      | 5.59%                 | Yes           |                  2 | On Loan: No      |
| BX COMMERCIAL MORTGAGE TRUST                                                 | BX COMMERCIAL MORTGAGE TRUST 2023-XL3 BX 2023-XL3 A                               | CUSIP: 12434GAA3<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    335808 | PA      | $335808.04    | 0.14%             | 2040-12-09      | Floating      | 5.72%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN FS1938                                                         | CUSIP: 3140XHEL7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    409322 | PA      | $354232.23    | 0.14%             | 2052-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC REMICS FHR 5473 BF                                                    | CUSIP: 3137HHFL0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    256079 | PA      | $256450.24    | 0.10%             | 2054-11-25      | Floating      | 5.37%                 | No            |                  2 | On Loan: No      |
| United States of America                                                     | US TREASURY N/B 4.250000% 08/15/2054                                              | CUSIP: 912810UC0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    969000 | PA      | $902419.10    | 0.36%             | 2054-08-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| U.S. BANCORP                                                                 | US BANCORP 5.678000% 01/23/2035                                                   | CUSIP: 91159HJR2<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |    192000 | PA      | $204125.49    | 0.08%             | 2035-01-23      | Fixed         | 5.68%                 | No            |                  2 | On Loan: No      |
| TRANSCONTINENTAL GAS PIPE LINE COMPANY, LLC                                  | TRANSCONTINENTAL GAS PIPE LINE CO LLC 7.850000% 02/01/2026                        | CUSIP: 893574AH6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $50018.27     | 0.02%             | 2026-02-01      | Fixed         | 7.85%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN AL6663                                                         | CUSIP: 3138EPMM3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     63118 | PA      | $63026.15     | 0.03%             | 2039-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| J.P. MORGAN MORTGAGE TRUST                                                   | JP MORGAN MORTGAGE TRUST 2025-CCM1 JPMMT 2025-CCM1 A4                             | CUSIP: 46593MAE7<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    407233 | PA      | $410042.92    | 0.16%             | 2055-06-25      | Floating      | 5.50%                 | Yes           |                  2 | On Loan: No      |
| ELMWOOD CLO                                                                  | ELMWOOD CLO 23 LTD ELM23 2023-2A AR                                               | CUSIP: 29003YAJ0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    514000 | PA      | $515449.99    | 0.21%             | 2036-04-16      | Floating      | 5.24%                 | Yes           |                  2 | On Loan: No      |
| AerCap Ireland Capital Designated Activity Company                           | AERCAP IRELAND CAPITAL DAC / AERCAP GLOBAL AVIATIO 2.450000% 10/29/2026           | CUSIP: 00774MAV7<br>LEI: 549300TI38531ODB1G63 | Long             | DBT              | NUSS              | IE        |    150000 | PA      | $147742.38    | 0.06%             | 2026-10-29      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                        | WELLS FARGO & CO 5.150000% 04/23/2031                                             | CUSIP: 95000U3W1<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    457000 | PA      | $473289.46    | 0.19%             | 2031-04-23      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| U.S. DOLLARS                                                                 | FX Forward Contract: USD/EUR SETTLE 2026-01-09                                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $4361.50      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| THE BROOKLYN UNION GAS COMPANY                                               | BROOKLYN UNION GAS CO/THE 144A 3.407000% 03/10/2026                               | CUSIP: 114259AN4<br>LEI: 83BQ1DXS6VA5GZFK8S35 | Long             | DBT              | CORP              | US        |    250000 | PA      | $249381.33    | 0.10%             | 2026-03-10      | Fixed         | 3.41%                 | No            |                  2 | On Loan: No      |
| BRAVO RESIDENTIAL FUNDING TRUST                                              | BRAVO RESIDENTIAL FUNDING TRUST 2022-NQM3 BRAVO 2022-NQM3 A1                      | CUSIP: 10569JAA8<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    118276 | PA      | $118038.55    | 0.05%             | 2062-07-25      | Floating      | 5.11%                 | Yes           |                  2 | On Loan: No      |
| ROLLINS, INC.                                                                | ROLLINS INC 5.250000% 02/24/2035                                                  | CUSIP: 775711AC8<br>LEI: 549300F2A0BXT4SGWD84 | Long             | DBT              | CORP              | US        |    155000 | PA      | $158887.99    | 0.06%             | 2035-02-24      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC.                                                               | TRANSDIGM INC 144A 7.125000% 12/01/2031                                           | CUSIP: 893647BT3<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |     20000 | PA      | $20967.88     | 0.01%             | 2031-12-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| PG&E WILDFIRE RECOVERY FUNDING LLC                                           | PG&E WILDFIRE RECOVERY FUNDING LLC 3.594000% 06/01/2030                           | CUSIP: 693342AA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    244047 | PA      | $241477.39    | 0.10%             | 2030-06-01      | Fixed         | 3.59%                 | No            |                  2 | On Loan: No      |
| THE WILLIAMS COMPANIES, INC.                                                 | WILLIAMS COS INC/THE 7.500000% 01/15/2031                                         | CUSIP: 969457BB5<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |     10000 | PA      | $11322.55     | 0.00%             | 2031-01-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2                                   | GINNIE MAE II POOL G2 MA3456                                                      | CUSIP: 36179RZV4<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    117798 | PA      | $117726.50    | 0.05%             | 2046-02-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FS COMMERCIAL MORTGAGE TRUST                                                 | FS COMMERCIAL MORTGAGE TRUST 2023-4SZN FS 2023-4SZN B                             | CUSIP: 30334RAC8<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    160000 | PA      | $163540.42    | 0.07%             | 2039-11-10      | Floating      | 7.54%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN FM8672                                                         | CUSIP: 3140XCT65<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    189216 | PA      | $182713.49    | 0.07%             | 2046-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SPRINT CAPITAL CORPORATION                                                   | SPRINT CAPITAL CORP 8.750000% 03/15/2032                                          | CUSIP: 852060AT9<br>LEI: 549300L17W0GQBR1PO80 | Long             | DBT              | CORP              | US        |     10000 | PA      | $12171.76     | 0.00%             | 2032-03-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN FS1590                                                         | CUSIP: 3140XGXU8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    364047 | PA      | $314636.45    | 0.13%             | 2052-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| United States of America                                                     | US TREASURY N/B 4.250000% 11/15/2034                                              | CUSIP: 91282CLW9<br>LEI: 254900HROIFWPRGM1V77 | Long             | SN               | UST               | US        |     41000 | PA      | $41919.30     | 0.02%             | 2034-11-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                               | MORGAN STANLEY 5.192000% 04/17/2031                                               | CUSIP: 61747YFZ3<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    257000 | PA      | $265995.02    | 0.11%             | 2031-04-17      | Fixed         | 5.19%                 | No            |                  2 | On Loan: No      |
| BANK                                                                         | BANK 2025-BNK49 BANK 2025-BNK49 A5                                                | CUSIP: 05494FBT4<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    341000 | PA      | $363944.15    | 0.15%             | 2058-03-15      | Floating      | 5.62%                 | No            |                  2 | On Loan: No      |
| NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV                                  | NEW YORK CITY NY TRANSITIONAL NEW YORK CITY TRANSITIONAL FINANCE AUTHORITY FUTUR  | CUSIP: 64972JWN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    180000 | PA      | $186524.06    | 0.08%             | 2054-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MF1 LTD                                                                      | MF1 2025-FL17 LLC MF1 2025-FL17 B                                                 | CUSIP: 55287HAE0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    200000 | PA      | $200128.20    | 0.08%             | 2040-02-18      | Floating      | 5.75%                 | Yes           |                  2 | On Loan: No      |
| CSC HOLDINGS, LLC                                                            | CSC HOLDINGS LLC 144A 11.750000% 01/31/2029                                       | CUSIP: 126307BN6<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    115000 | PA      | $81065.35     | 0.03%             | 2029-01-31      | Fixed         | 11.75%                | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN CA4950                                                         | CUSIP: 3140QCQC3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     82272 | PA      | $76930.92     | 0.03%             | 2050-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC POOL FR SD7565                                                        | CUSIP: 3132DVMN2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    549535 | PA      | $565450.20    | 0.23%             | 2053-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SMALL BUSINESS ADMINISTRATION GTD                                            | UNITED STATES SMALL BUSINESS ADMINISTRATION SBAP 2014-20C 1                       | CUSIP: 83162CWD1<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    156195 | PA      | $151212.45    | 0.06%             | 2034-03-01      | Fixed         | 3.21%                 | No            |                  2 | On Loan: No      |
| DIAMONDBACK ENERGY, INC.                                                     | DIAMONDBACK ENERGY INC 6.250000% 03/15/2033                                       | CUSIP: 25278XAV1<br>LEI: 549300R22LSX6OHWEN64 | Long             | DBT              | CORP              | US        |    214000 | PA      | $231653.97    | 0.09%             | 2033-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN BM4097                                                         | CUSIP: 3140J8RT2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    310008 | PA      | $308877.76    | 0.12%             | 2047-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN FS1074                                                         | CUSIP: 3140XGFQ7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    142749 | PA      | $129400.08    | 0.05%             | 2052-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Ferguson Finance Plc                                                         | FERGUSON FINANCE PLC 144A 3.250000% 06/02/2030                                    | CUSIP: 314890AB0<br>LEI: 2138003A7ZEU931DZL61 | Long             | DBT              | NUSS              | US        |    230000 | PA      | $220249.88    | 0.09%             | 2030-06-02      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN MA4562                                                         | CUSIP: 31418EB82<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |   1728464 | PA      | $1413969.63   | 0.57%             | 2052-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| CONSTELLATION BRANDS, INC.                                                   | CONSTELLATION BRANDS INC 4.800000% 05/01/2030                                     | CUSIP: 21036PBS6<br>LEI: 5493005GKEG8QCVY7037 | Long             | DBT              | CORP              | US        |    160000 | PA      | $162900.37    | 0.07%             | 2030-05-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO.                                                         | JPMORGAN CHASE & CO 2.522000% 04/22/2031                                          | CUSIP: 46647PBL9<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    130000 | PA      | $121407.13    | 0.05%             | 2031-04-22      | Fixed         | 2.52%                 | No            |                  2 | On Loan: No      |
| ALTICE FINANCING S.A.                                                        | ALTICE FINANCING SA 144A 5.750000% 08/15/2029                                     | CUSIP: 02154CAH6<br>LEI: 549300DIYGW8HVDF7Q17 | Long             | DBT              | NUSS              | LU        |     24000 | PA      | $16020.00     | 0.01%             | 2029-08-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| APPLOVIN CORPORATION                                                         | APPLOVIN CORP 5.950000% 12/01/2054                                                | CUSIP: 03831WAE8<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | DBT              | CORP              | US        |    110000 | PA      | $110586.88    | 0.04%             | 2054-12-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| NEW RESIDENTIAL MORTGAGE LOAN TRUST                                          | NEW RESIDENTIAL MORTGAGE LOAN TRUST 2019-6 NRZT 2019-6A B2                        | CUSIP: 64828GBB5<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    160198 | PA      | $156880.08    | 0.06%             | 2059-09-25      | Floating      | 4.25%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2                                   | GINNIE MAE II POOL G2 787131                                                      | CUSIP: 3622ACY46<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    526180 | PA      | $524886.60    | 0.21%             | 2050-12-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC POOL FR SD1844                                                        | CUSIP: 3132DPBM9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    401800 | PA      | $359424.00    | 0.14%             | 2052-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CSMC TRUST                                                                   | CSMC 2021-NQM5 TRUST CSMC 2021-NQM5 A1                                            | CUSIP: 22946DAA0<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    422780 | PA      | $361912.39    | 0.15%             | 2066-05-25      | Floating      | 0.94%                 | Yes           |                  2 | On Loan: No      |
| HUDSON PACIFIC PROPERTIES, L.P.                                              | HUDSON PACIFIC PROPERTIES LP 3.950000% 11/01/2027                                 | CUSIP: 44409MAA4<br>LEI: 5493007NTUGLGZ8T3526 | Long             | DBT              | CORP              | US        |    160000 | PA      | $152585.46    | 0.06%             | 2027-11-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| BAIN CAPITAL CREDIT CLO                                                      | BAIN CAPITAL CREDIT CLO 2021-3 LTD BCC 2021-3A AR                                 | CUSIP: 05683NAJ1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    260000 | PA      | $259924.60    | 0.10%             | 2034-07-24      | Floating      | 4.93%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN FM8480                                                         | CUSIP: 3140XCM62<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     49656 | PA      | $44554.17     | 0.02%             | 2050-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| THE HOME DEPOT, INC.                                                         | HOME DEPOT INC/THE 3.300000% 04/15/2040                                           | CUSIP: 437076CC4<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |     10000 | PA      | $8277.06      | 0.00%             | 2040-04-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2                                   | GINNIE MAE II POOL G2 MA6477                                                      | CUSIP: 36179VFS4<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     12942 | PA      | $12869.90     | 0.01%             | 2050-02-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ORACLE CORPORATION                                                           | ORACLE CORP 5.375000% 09/27/2054                                                  | CUSIP: 68389XCU7<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |     60000 | PA      | $51251.72     | 0.02%             | 2054-09-27      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| SFAVE COMMERCIAL MORTGAGE SECURITIES TRUST                                   | SFAVE COMMERCIAL MORTGAGE SECURITIES TRUST 2015-5A SFAVE 2015-5AVE A2A            | CUSIP: 78413MAC2<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    195000 | PA      | $165454.01    | 0.07%             | 2043-01-05      | Floating      | 3.66%                 | No            |                  2 | On Loan: No      |
| J.G. WENTWORTH LLC                                                           | JG WENTWORTH XLII LLC HENDR 2018-2A B                                             | CUSIP: 46590UAB8<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    131286 | PA      | $120398.26    | 0.05%             | 2077-10-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN AL9621                                                         | CUSIP: 3138ERVP2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     46889 | PA      | $46338.93     | 0.02%             | 2037-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BX COMMERCIAL MORTGAGE TRUST                                                 | BX COMMERCIAL MORTGAGE TRUST 2025-JDI BX 2025-JDI C                               | CUSIP: 05594LAE4<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    245000 | PA      | $245305.83    | 0.10%             | 2042-11-15      | Floating      | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE REMICS FNR 2014-6 Z                                                    | CUSIP: 3136AH6K1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    127333 | PA      | $114262.17    | 0.05%             | 2044-02-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| TRICON AMERICAN HOMES TRUST                                                  | TRICON AMERICAN HOMES 2020-SFR2 TRUST TAH 2020-SFR2 A                             | CUSIP: 89613JAA8<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    200561 | PA      | $190832.66    | 0.08%             | 2039-11-17      | Fixed         | 1.48%                 | Yes           |                  2 | On Loan: No      |
| ALIGNED DATA CENTERS                                                         | ALIGNED DATA CENTERS ISSUER LLC ADC 2021-1A A2                                    | CUSIP: 01627AAA6<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    180000 | PA      | $176203.21    | 0.07%             | 2046-08-15      | Fixed         | 1.94%                 | Yes           |                  2 | On Loan: No      |
| ELEVANCE HEALTH, INC.                                                        | ELEVANCE HEALTH INC 5.000000% 01/15/2036                                          | CUSIP: 036752BK8<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |    195000 | PA      | $195324.64    | 0.08%             | 2036-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BERKSHIRE HATHAWAY ENERGY COMPANY                                            | BERKSHIRE HATHAWAY ENERGY CO 4.450000% 01/15/2049                                 | CUSIP: 084659AR2<br>LEI: 549300JD0S5IZJE9LY15 | Long             | DBT              | CORP              | US        |    600000 | PA      | $507144.79    | 0.20%             | 2049-01-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| LIBERTY MUTUAL GROUP INC.                                                    | LIBERTY MUTUAL GROUP INC 144A 4.569000% 02/01/2029                                | CUSIP: 53079EBG8<br>LEI: QUR0DG15Z6FFGYCHH861 | Long             | DBT              | CORP              | US        |    270000 | PA      | $271915.85    | 0.11%             | 2029-02-01      | Fixed         | 4.57%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN AS0038                                                         | CUSIP: 3138W9BG4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     16216 | PA      | $15005.38     | 0.01%             | 2043-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| NORFOLK SOUTHERN CORPORATION                                                 | NORFOLK SOUTHERN CORP 4.837000% 10/01/2041                                        | CUSIP: 655844BH0<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |    200000 | PA      | $190995.74    | 0.08%             | 2041-10-01      | Fixed         | 4.84%                 | No            |                  2 | On Loan: No      |
| BANK5                                                                        | BANK5 2023-5YR2 BANK5 2023-5YR2 A3                                                | CUSIP: 06211CAG0<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    733000 | PA      | $772587.57    | 0.31%             | 2056-07-15      | Floating      | 6.66%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2                                   | GINNIE MAE II POOL G2 MA5597                                                      | CUSIP: 36179UGE6<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     11788 | PA      | $11989.69     | 0.00%             | 2048-11-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN BF0222                                                         | CUSIP: 3140FXG89<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     29705 | PA      | $29087.26     | 0.01%             | 2057-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES, INC.                                                      | AMERICAN AIRLINES INC 144A 8.500000% 05/15/2029                                   | CUSIP: 023771T40<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     70000 | PA      | $73125.07     | 0.03%             | 2029-05-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| MOODY'S CORPORATION                                                          | MOODY'S CORP 3.250000% 05/20/2050                                                 | CUSIP: 615369AT2<br>LEI: 549300GCEDD8YCF5WU84 | Long             | DBT              | CORP              | US        |    235000 | PA      | $162302.37    | 0.07%             | 2050-05-20      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| BDS LTD                                                                      | BDS 2025-FL15 LLC BDS 2025-FL15 C                                                 | CUSIP: 05556EAG1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    230000 | PA      | $230258.98    | 0.09%             | 2043-03-19      | Floating      | 6.11%                 | Yes           |                  2 | On Loan: No      |
| AMAZON.COM, INC.                                                             | AMAZON.COM INC 4.950000% 12/05/2044                                               | CUSIP: 023135AQ9<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    127000 | PA      | $124816.91    | 0.05%             | 2044-12-05      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| AVIATION CAPITAL GROUP LLC                                                   | AVIATION CAPITAL GROUP LLC 144A 4.800000% 10/24/2030                              | CUSIP: 05369AAT8<br>LEI: 549300ODEK8HY3445C77 | Long             | DBT              | CORP              | US        |    576000 | PA      | $576936.75    | 0.23%             | 2030-10-24      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2                                   | GINNIE MAE II POOL G2 MA8726                                                      | CUSIP: 36179XVT0<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     69264 | PA      | $70418.43     | 0.03%             | 2053-03-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BBCMS TRUST                                                                  | BBCMS MORTGAGE TRUST 2024-5C31 BBCMS 2024-5C31 A3                                 | CUSIP: 07336YAC9<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    495000 | PA      | $517653.82    | 0.21%             | 2057-12-15      | Fixed         | 5.61%                 | No            |                  2 | On Loan: No      |
| NEW RESIDENTIAL MORTGAGE LOAN TRUST                                          | NEW RESIDENTIAL MORTGAGE LOAN TRUST 2017-3 NRZT 2017-3A A1                        | CUSIP: 64828MAA5<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |     73865 | PA      | $71892.23     | 0.03%             | 2057-04-25      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC POOL FR RA6562                                                        | CUSIP: 3133KNJF1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     69225 | PA      | $60439.47     | 0.02%             | 2052-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL PLAQUEMINES LNG, LLC                                          | VENTURE GLOBAL PLAQUEMINES LNG LLC 144A 6.750000% 01/15/2036                      | CUSIP: 922966AD8<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |     27000 | PA      | $28299.85     | 0.01%             | 2036-01-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| TACO BELL FUNDING, LLC                                                       | TACO BELL FUNDING LLC BELL 2021-1A A2II                                           | CUSIP: 87342RAH7<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    424440 | PA      | $395607.15    | 0.16%             | 2051-08-25      | Fixed         | 2.29%                 | Yes           |                  2 | On Loan: No      |
| DRYDEN CLO LTD                                                               | DRYDEN 68 CLO LTD DRSLF 2019-68A ARR                                              | CUSIP: 26252QAS1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $249927.25    | 0.10%             | 2035-07-15      | Floating      | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN FM9356                                                         | CUSIP: 3140XDME3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    108243 | PA      | $106128.32    | 0.04%             | 2036-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| GS MORTGAGE SECURITIES TRUST                                                 | GS MORTGAGE SECURITIES TRUST 2020-GSA2 GSMS 2020-GSA2 AAB                         | CUSIP: 36264KAW0<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    222610 | PA      | $212379.75    | 0.09%             | 2053-12-12      | Fixed         | 1.66%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC POOL FR SD1143                                                        | CUSIP: 3132DNHU0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     45452 | PA      | $45256.56     | 0.02%             | 2050-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PALMER SQUARE LOAN FUNDING LTD.                                              | PALMER SQUARE LOAN FUNDING 2022-2 LTD PSTAT 2022-2A A1                            | CUSIP: 69701NAA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |      2810 | PA      | $2809.45      | 0.00%             | 2030-10-15      | Floating      | 5.17%                 | Yes           |                  2 | On Loan: No      |
| CHARTER COMMUNICATIONS OPERATING, LLC                                        | CHARTER COMMUNICATIONS OPERATING LLC / CHARTER COM 4.400000% 04/01/2033           | CUSIP: 161175CJ1<br>LEI: 549300TPZNMN50BJ3745 | Long             | DBT              | CORP              | US        |    270000 | PA      | $254539.20    | 0.10%             | 2033-04-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORPORATION                                                       | CVS PASS-THROUGH TRUST 144A 7.507000% 01/10/2032                                  | CUSIP: 126650BS8<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    242615 | PA      | $258719.56    | 0.10%             | 2032-01-10      | Fixed         | 7.51%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC GOLD POOL FG G67701                                                   | CUSIP: 3132XCRW7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     53980 | PA      | $49952.91     | 0.02%             | 2046-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| United States of America                                                     | US TREASURY N/B 3.875000% 05/15/2043                                              | CUSIP: 912810TS7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2633000 | PA      | $2410634.94   | 0.97%             | 2043-05-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| N/A                                                                          | SEI DAILY INCOME TRUST GOVERNMENT FUND (#36)                                      | CUSIP: 783965593<br>LEI: N/A                  | Long             | STIV             | RF                | US        |        59 | NS      | $59.16        | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC GOLD POOL FG Q49596                                                   | CUSIP: 3132WPUW5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |      9534 | PA      | $9511.72      | 0.00%             | 2047-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER TRUST #1                                                      | AMERICAN TOWER TRUST #1 144A 5.490000% 03/15/2028                                 | CUSIP: 03027WAM4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    351000 | PA      | $357253.59    | 0.14%             | 2028-03-15      | Fixed         | 5.49%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC POOL FR SB0385                                                        | CUSIP: 3132CWNA8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    212192 | PA      | $206521.31    | 0.08%             | 2035-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| J.P. MORGAN MORTGAGE TRUST                                                   | JP MORGAN MORTGAGE TRUST 2020-3 JPMMT 2020-3 A3A                                  | CUSIP: 46592AAD6<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |     50816 | PA      | $44965.60     | 0.02%             | 2050-08-25      | Floating      | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN FS1092                                                         | CUSIP: 3140XGGA1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     74097 | PA      | $68960.88     | 0.03%             | 2052-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CHICAGO ILL MET WTR RECLAMATION DIST GTR CHICAGO                             | CHICAGO IL MET WTR RECLAMATION METROPOLITAN WATER RECLAMATION DISTRICT OF GREATER | CUSIP: 167560PL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    345000 | PA      | $365013.90    | 0.15%             | 2038-12-01      | Fixed         | 5.72%                 | No            |                  2 | On Loan: No      |
| CHENIERE ENERGY, INC.                                                        | CHENIERE ENERGY INC 4.625000% 10/15/2028                                          | CUSIP: 16411RAK5<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | DBT              | CORP              | US        |     20000 | PA      | $20000.05     | 0.01%             | 2028-10-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| AT&T INC.                                                                    | AT&T INC 2.300000% 06/01/2027                                                     | CUSIP: 00206RJX1<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |     60000 | PA      | $58476.75     | 0.02%             | 2027-06-01      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                               | MORGAN STANLEY 5.466000% 01/18/2035                                               | CUSIP: 61747YFL4<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     20000 | PA      | $20941.42     | 0.01%             | 2035-01-18      | Fixed         | 5.47%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN AL9572                                                         | CUSIP: 3138ERT67<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     29638 | PA      | $30014.36     | 0.01%             | 2044-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN BQ5731                                                         | CUSIP: 3140KRLM9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    170299 | PA      | $149060.82    | 0.06%             | 2050-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FERRELLGAS, L.P.                                                             | FERRELLGAS LP / FERRELLGAS FINANCE CORP 144A 5.875000% 04/01/2029                 | CUSIP: 315289AC2<br>LEI: 549300EW667UKOZLEW85 | Long             | DBT              | CORP              | US        |     32000 | PA      | $30568.10     | 0.01%             | 2029-04-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ICAHN ENTERPRISES L.P.                                                       | ICAHN ENTERPRISES LP / ICAHN ENTERPRISES FINANCE C 10.000000% 11/15/2029          | CUSIP: 451102CK1<br>LEI: 549300T0G4GS0SINS786 | Long             | DBT              | CORP              | US        |    171000 | PA      | $171961.70    | 0.07%             | 2029-11-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE OR FREDDIE MAC 30YR TBA (DECEMBER)                                     | CUSIP: 01F0226C4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |   4050000 | PA      | $3445181.22   | 1.39%             | 2055-12-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| LOWE'S COMPANIES, INC.                                                       | LOWE'S COS INC 4.500000% 04/15/2030                                               | CUSIP: 548661DU8<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |     20000 | PA      | $20264.31     | 0.01%             | 2030-04-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN AS4583                                                         | CUSIP: 3138WECV9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     78752 | PA      | $76617.34     | 0.03%             | 2045-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BENCHMARK MORTGAGE TRUST                                                     | BENCHMARK 2019-B13 MORTGAGE TRUST BMARK 2019-B13 A4                               | CUSIP: 08162DAE8<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    592000 | PA      | $563394.15    | 0.23%             | 2057-08-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| AMERICAN HONDA FINANCE CORPORATION                                           | AMERICAN HONDA FINANCE CORP MTN 5.150000% 07/09/2032                              | CUSIP: 02665WGF2<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |    346000 | PA      | $356701.39    | 0.14%             | 2032-07-09      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN AS9760                                                         | CUSIP: 3138WKZ24<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     14304 | PA      | $14253.97     | 0.01%             | 2047-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC POOL FR ZT1748                                                        | CUSIP: 3132AD5H7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    111942 | PA      | $113815.36    | 0.05%             | 2049-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PHILLIPS 66 COMPANY                                                          | PHILLIPS 66 CO 3.550000% 10/01/2026                                               | CUSIP: 718547AF9<br>LEI: RVJMT2IZVVSKIRJJBH76 | Long             | DBT              | CORP              | US        |    232000 | PA      | $231379.24    | 0.09%             | 2026-10-01      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| SMALL BUSINESS INVESTMENT COMPANIES                                          | SBA SMALL BUSINESS INVESTMENT COS SBIC 2023-10A 1                                 | CUSIP: 83162CS79<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    269306 | PA      | $274840.04    | 0.11%             | 2033-03-10      | Fixed         | 5.17%                 | No            |                  2 | On Loan: No      |
| WINDSTREAM SERVICES, LLC                                                     | WINDSTREAM SERVICES LLC / WINDSTREAM ESCROW FINANC 8.250000% 10/01/2031           | CUSIP: 97381AAA0<br>LEI: 549300KT9GVEBYCD2N29 | Long             | DBT              | CORP              | US        |     10000 | PA      | $10382.39     | 0.00%             | 2031-10-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC.                                                               | CITIGROUP INC 4.412000% 03/31/2031                                                | CUSIP: 172967MP3<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |     50000 | PA      | $50161.44     | 0.02%             | 2031-03-31      | Fixed         | 4.41%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                                                  | BANK OF AMERICA CORP 5.288000% 04/25/2034                                         | CUSIP: 06051GLH0<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    256000 | PA      | $266736.33    | 0.11%             | 2034-04-25      | Fixed         | 5.29%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN BC1457                                                         | CUSIP: 3140EVTP2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    103481 | PA      | $95329.77     | 0.04%             | 2046-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PRPM LLC                                                                     | PRPM 2024-RCF1 LLC PRPM 2024-RCF1 A1                                              | CUSIP: 693581AA8<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    398174 | PA      | $393535.09    | 0.16%             | 2054-01-25      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| CITIGROUP INC.                                                               | CITIGROUP INC 4.412000% 03/31/2031                                                | CUSIP: 172967MP3<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    183000 | PA      | $183590.88    | 0.07%             | 2031-03-31      | Fixed         | 4.41%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC POOL FR SD4709                                                        | CUSIP: 3132DSGS5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    146822 | PA      | $150779.47    | 0.06%             | 2053-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2                                   | GINNIE MAE II POOL G2 MA4901                                                      | CUSIP: 36179TNS0<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     11142 | PA      | $10758.79     | 0.00%             | 2047-12-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC POOL FR SD6706                                                        | CUSIP: 3132DUNX1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    231780 | PA      | $227598.14    | 0.09%             | 2054-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SMRT COMMERCIAL MORTGAGE TRUST                                               | SMRT 2022-MINI SMRT 2022-MINI D                                                   | CUSIP: 78457JAL6<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    210000 | PA      | $208954.79    | 0.08%             | 2039-01-15      | Floating      | 5.98%                 | Yes           |                  2 | On Loan: No      |
| META PLATFORMS, INC.                                                         | META PLATFORMS INC 4.600000% 11/15/2032                                           | CUSIP: 30303MAC6<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |    518000 | PA      | $525743.45    | 0.21%             | 2032-11-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY FLORIDA, LLC                                                     | DUKE ENERGY FLORIDA LLC 3.200000% 01/15/2027                                      | CUSIP: 26444HAC5<br>LEI: 7MOHLM3DKE63RX2ZCN83 | Long             | DBT              | CORP              | US        |    230000 | PA      | $228438.51    | 0.09%             | 2027-01-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| BX TRUST                                                                     | BX TRUST 2024-BIO BX 2024-BIO B                                                   | CUSIP: 05612AAG1<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    220000 | PA      | $219450.97    | 0.09%             | 2041-02-15      | Floating      | 5.90%                 | Yes           |                  2 | On Loan: No      |
| CONOCOPHILLIPS COMPANY                                                       | CONOCOPHILLIPS CO 5.550000% 03/15/2054                                            | CUSIP: 20826FBG0<br>LEI: 6VJJ5GQWIRDQ06DUXG89 | Long             | DBT              | CORP              | US        |     78000 | PA      | $76583.53     | 0.03%             | 2054-03-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| SG COMMERCIAL MORTGAGE SECURITIES TRUST                                      | SG COMMERCIAL MORTGAGE SECURITIES TRUST 2016-C5 SGCMS 2016-C5 A3                  | CUSIP: 78419CAC8<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    169903 | PA      | $169250.52    | 0.07%             | 2048-10-10      | Fixed         | 2.78%                 | No            |                  2 | On Loan: No      |
| PRKCM TRUST                                                                  | PRKCM 2022-AFC1 TRUST PRKCM 2022-AFC1 A1A                                         | CUSIP: 69377CAA1<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |     64880 | PA      | $64817.21     | 0.03%             | 2057-04-25      | Floating      | 4.10%                 | Yes           |                  2 | On Loan: No      |
| COMCAST CORPORATION                                                          | COMCAST CORP 2.350000% 01/15/2027                                                 | CUSIP: 20030NBW0<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    260000 | PA      | $255412.11    | 0.10%             | 2027-01-15      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH, INC.                                                        | ELEVANCE HEALTH INC 4.100000% 05/15/2032                                          | CUSIP: 036752AT0<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97654.28     | 0.04%             | 2032-05-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2                                   | GINNIE MAE II POOL G2 MA8045                                                      | CUSIP: 36179W5E4<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     75400 | PA      | $72130.95     | 0.03%             | 2052-05-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GS MORTGAGE-BACKED SECURITIES TRUST                                          | GS MORTGAGE-BACKED SECURITIES TRUST 2025-PJ8 GSMBS 2025-PJ8 A5                    | CUSIP: 36272XAE2<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    556626 | PA      | $560778.03    | 0.23%             | 2056-02-25      | Floating      | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN CB4103                                                         | CUSIP: 3140QPRZ2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     71751 | PA      | $73190.43     | 0.03%             | 2052-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                               | MORGAN STANLEY MTN 3.622000% 04/01/2031                                           | CUSIP: 6174468P7<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    140000 | PA      | $136506.12    | 0.05%             | 2031-04-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| KEDRION S.P.A.                                                               | KEDRION SPA 144A 6.500000% 09/01/2029                                             | CUSIP: 49272YAB9<br>LEI: 81560047FA58E1BEDF67 | Long             | DBT              | NUSS              | IT        |     55000 | PA      | $53417.64     | 0.02%             | 2029-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM, INC.                                                             | AMAZON.COM INC 4.100000% 04/13/2062                                               | CUSIP: 023135CK0<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    374000 | PA      | $296353.44    | 0.12%             | 2062-04-13      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| SUBWAY FUNDING LLC                                                           | SUBWAY FUNDING LLC SUBWAY 2024-1A A2II                                            | CUSIP: 864300AC2<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    175230 | PA      | $179130.11    | 0.07%             | 2054-07-30      | Fixed         | 6.27%                 | Yes           |                  2 | On Loan: No      |
| TIME WARNER CABLE ENTERPRISES LLC                                            | TIME WARNER CABLE ENTERPRISES LLC 8.375000% 07/15/2033                            | CUSIP: 88731EAJ9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $57930.32     | 0.02%             | 2033-07-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| ONCOR ELECTRIC DELIVERY COMPANY LLC                                          | ONCOR ELECTRIC DELIVERY CO LLC 144A 5.350000% 04/01/2035                          | CUSIP: 68233JCZ5<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |    160000 | PA      | $166539.87    | 0.07%             | 2035-04-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN, INC.                                                          | KINDER MORGAN INC 4.300000% 03/01/2028                                            | CUSIP: 49456BAP6<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |     80000 | PA      | $80456.46     | 0.03%             | 2028-03-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC POOL FR SD0958                                                        | CUSIP: 3132DNB36<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     99217 | PA      | $92712.66     | 0.04%             | 2052-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC POOL FR SD1749                                                        | CUSIP: 3132DN5J8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     78247 | PA      | $67716.65     | 0.03%             | 2052-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| LOWE'S COMPANIES, INC.                                                       | LOWE'S COS INC 5.625000% 04/15/2053                                               | CUSIP: 548661EM5<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |    245000 | PA      | $242388.71    | 0.10%             | 2053-04-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| NSTAR ELECTRIC COMPANY                                                       | NSTAR ELECTRIC CO 3.950000% 04/01/2030                                            | CUSIP: 67021CAP2<br>LEI: 54930080R72Y2Z31UR68 | Long             | DBT              | CORP              | US        |    230000 | PA      | $227786.68    | 0.09%             | 2030-04-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| United States of America                                                     | US TREASURY N/B 3.375000% 11/30/2027                                              | CUSIP: 91282CPL9<br>LEI: 254900HROIFWPRGM1V77 | Long             | SN               | UST               | US        |    885000 | PA      | $882994.93    | 0.36%             | 2027-11-30      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN CB4354                                                         | CUSIP: 3140QPZU4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    591415 | PA      | $599073.58    | 0.24%             | 2052-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GS MORTGAGE-BACKED SECURITIES TRUST                                          | GS MORTGAGE-BACKED SECURITIES TRUST 2025-PJ5 GSMBS 2025-PJ5 A5                    | CUSIP: 36272DAE6<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    276854 | PA      | $278763.22    | 0.11%             | 2055-10-25      | Floating      | 5.50%                 | Yes           |                  2 | On Loan: No      |
| CBRE SERVICES, INC.                                                          | CBRE SERVICES INC 4.800000% 06/15/2030                                            | CUSIP: 12505BAJ9<br>LEI: 549300CTE3HOMEUMM603 | Long             | DBT              | CORP              | US        |     66000 | PA      | $67199.70     | 0.03%             | 2030-06-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| OBX TRUST                                                                    | OBX 2022-NQM7 TRUST OBX 2022-NQM7 A1                                              | CUSIP: 67117DAA8<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    125020 | PA      | $124842.39    | 0.05%             | 2062-08-25      | Fixed         | 5.11%                 | Yes           |                  2 | On Loan: No      |
| Government National Mortgage Association 2                                   | GINNIE MAE II POOL 30YR TBA (DECEMBER)                                            | CUSIP: 21H0506C1<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |   1025000 | PA      | $1023767.44   | 0.41%             | 2055-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AT&T INC.                                                                    | AT&T INC 2.250000% 02/01/2032                                                     | CUSIP: 00206RKH4<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |     50000 | PA      | $44096.58     | 0.02%             | 2032-02-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| DIAMONDBACK ENERGY, INC.                                                     | DIAMONDBACK ENERGY INC 5.550000% 04/01/2035                                       | CUSIP: 25278XBC2<br>LEI: 549300R22LSX6OHWEN64 | Long             | DBT              | CORP              | US        |    322000 | PA      | $332916.60    | 0.13%             | 2035-04-01      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| United States of America                                                     | US TREASURY N/B 4.625000% 02/15/2055                                              | CUSIP: 912810UG1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    592000 | PA      | $587005.00    | 0.24%             | 2055-02-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN BQ1567                                                         | CUSIP: 3140KLW57<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    267983 | PA      | $242908.22    | 0.10%             | 2050-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PAYCHEX, INC.                                                                | PAYCHEX INC 5.350000% 04/15/2032                                                  | CUSIP: 704326AB3<br>LEI: 529900K900DW6SUBM174 | Long             | DBT              | CORP              | US        |    105000 | PA      | $109197.66    | 0.04%             | 2032-04-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| SIXTH STREET CLO LTD                                                         | SIXTH STREET CLO VIII LTD SIXST 2017-8A A1R2                                      | CUSIP: 83012VAA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $249927.25    | 0.10%             | 2034-10-20      | Floating      | 5.03%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC POOL FR SD8212                                                        | CUSIP: 3132DWDR1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    379753 | PA      | $324829.48    | 0.13%             | 2052-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2                                   | GINNIE MAE II POOL G2 MA5467                                                      | CUSIP: 36179UCC4<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     30795 | PA      | $30663.31     | 0.01%             | 2048-09-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ORACLE CORPORATION                                                           | ORACLE CORP 2.875000% 03/25/2031                                                  | CUSIP: 68389XCE3<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |     75000 | PA      | $68004.83     | 0.03%             | 2031-03-25      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2                                   | GINNIE MAE II POOL G2 MA3936                                                      | CUSIP: 36179SLR6<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     81210 | PA      | $74436.60     | 0.03%             | 2046-09-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN FM4330                                                         | CUSIP: 3140X7Y45<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    137859 | PA      | $120106.76    | 0.05%             | 2050-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2                                   | GINNIE MAE II POOL G2 MA5399                                                      | CUSIP: 36179T7L3<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     24003 | PA      | $23943.76     | 0.01%             | 2048-08-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GOLUB CAPITAL BDC, INC.                                                      | GOLUB CAPITAL BDC INC 6.000000% 07/15/2029                                        | CUSIP: 38173MAE2<br>LEI: 2549005WE0QLGK9APF78 | Long             | DBT              | CORP              | US        |    241000 | PA      | $245728.15    | 0.10%             | 2029-07-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| SMBC Aviation Capital Finance DAC                                            | SMBC AVIATION CAPITAL FINANCE DAC 144A 5.700000% 07/25/2033                       | CUSIP: 78448TAK8<br>LEI: 549300OD7VKRVNWB2J98 | Long             | DBT              | NUSS              | IE        |    145000 | PA      | $152623.41    | 0.06%             | 2033-07-25      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC NON GOLD POOL FH 841090                                               | CUSIP: 31288QF70<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    128885 | PA      | $132938.88    | 0.05%             | 2046-10-01      | Floating      | 6.40%                 | No            |                  2 | On Loan: No      |
| AT&T INC.                                                                    | AT&T INC 3.650000% 09/15/2059                                                     | CUSIP: 00206RLV2<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    109000 | PA      | $74308.52     | 0.03%             | 2059-09-15      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN FM3773                                                         | CUSIP: 3140X7FP9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     15640 | PA      | $14811.60     | 0.01%             | 2048-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| United States of America                                                     | U.S. TREASURY INFLATION-PROTECTED SECURITIES 0.125%  01/15/2030                   | CUSIP: 912828Z37<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | USGA              | US        |    479000 | PA      | $576328.77    | 0.23%             | 2030-01-15      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| SINCLAIR TELEVISION GROUP, INC.                                              | SINCLAIR TELEVISION GROUP INC 144A 8.125000% 02/15/2033                           | CUSIP: 829259BH2<br>LEI: 549300CQGEN0CH65UD62 | Long             | DBT              | CORP              | US        |      5000 | PA      | $5208.85      | 0.00%             | 2033-02-15      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| EXELON CORPORATION                                                           | EXELON CORP 5.100000% 06/15/2045                                                  | CUSIP: 30161NAS0<br>LEI: 3SOUA6IRML7435B56G12 | Long             | DBT              | CORP              | US        |    328000 | PA      | $308192.31    | 0.12%             | 2045-06-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN CA6635                                                         | CUSIP: 3140QELR1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    391716 | PA      | $341063.81    | 0.14%             | 2050-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BOCA COMMERCIAL MORTGAGE TRUST                                               | BOCA COMMERCIAL MORTGAGE TRUST 2024-BOCA BOCA 2024-BOCA A                         | CUSIP: 096817AA9<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    190000 | PA      | $190237.10    | 0.08%             | 2041-08-15      | Floating      | 5.88%                 | Yes           |                  2 | On Loan: No      |
| THE HOME DEPOT, INC.                                                         | HOME DEPOT INC/THE 2.500000% 04/15/2027                                           | CUSIP: 437076CA8<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |     30000 | PA      | $29482.36     | 0.01%             | 2027-04-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ICAHN ENTERPRISES L.P.                                                       | ICAHN ENTERPRISES LP / ICAHN ENTERPRISES FINANCE C 9.750000% 01/15/2029           | CUSIP: 451102CF2<br>LEI: 549300T0G4GS0SINS786 | Long             | DBT              | CORP              | US        |      5000 | PA      | $5037.30      | 0.00%             | 2029-01-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH, INC.                                                        | ELEVANCE HEALTH INC 3.650000% 12/01/2027                                          | CUSIP: 036752AB9<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |     30000 | PA      | $29792.54     | 0.01%             | 2027-12-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| United States of America                                                     | US TREASURY N/B 3.625000% 10/31/2030                                              | CUSIP: 91282CPD7<br>LEI: 254900HROIFWPRGM1V77 | Long             | SN               | UST               | US        |  17291000 | PA      | $17305859.54  | 6.96%             | 2030-10-31      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN BF0104                                                         | CUSIP: 3140FXDJ8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     31074 | PA      | $29662.95     | 0.01%             | 2056-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC POOL FR SD8037                                                        | CUSIP: 3132DV4W2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     84369 | PA      | $72311.77     | 0.03%             | 2050-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN FM4726                                                         | CUSIP: 3140X8HC4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     66077 | PA      | $64852.44     | 0.03%             | 2034-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN 555647                                                         | CUSIP: 31385XHY6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     47209 | PA      | $47138.49     | 0.02%             | 2033-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN CA6871                                                         | CUSIP: 3140QET51<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    100583 | PA      | $95424.26     | 0.04%             | 2035-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                                                  | BANK OF AMERICA CORP MTN 3.593000% 07/21/2028                                     | CUSIP: 06051GGR4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |     90000 | PA      | $89301.58     | 0.04%             | 2028-07-21      | Fixed         | 3.59%                 | No            |                  2 | On Loan: No      |
| ORACLE CORPORATION                                                           | ORACLE CORP 3.950000% 03/25/2051                                                  | CUSIP: 68389XCA1<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    266000 | PA      | $185105.84    | 0.07%             | 2051-03-25      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC POOL FR SD8257                                                        | CUSIP: 3132DWE66<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    258641 | PA      | $254348.50    | 0.10%             | 2052-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC POOL FR RA3913                                                        | CUSIP: 3133KKK24<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    176900 | PA      | $154185.85    | 0.06%             | 2050-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2                                   | GINNIE MAE II POOL G2 MA4838                                                      | CUSIP: 36179TLT0<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     11132 | PA      | $10752.17     | 0.00%             | 2047-11-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY                                  | MASSACHUSETTS MUTUAL LIFE INSURANCE CO 144A 5.672000% 12/01/2052                  | CUSIP: 575767AT5<br>LEI: R6ZXK5P01NP6HXSY1S07 | Long             | DBT              | CORP              | US        |    305000 | PA      | $299416.68    | 0.12%             | 2052-12-01      | Fixed         | 5.67%                 | No            |                  2 | On Loan: No      |
| BP CAPITAL MARKETS AMERICA INC.                                              | BP CAPITAL MARKETS AMERICA INC 3.633000% 04/06/2030                               | CUSIP: 10373QBL3<br>LEI: 5493009NTB34VXE1T760 | Long             | DBT              | CORP              | US        |     20000 | PA      | $19675.93     | 0.01%             | 2030-04-06      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| AMMC CLO LIMITED                                                             | AMMC CLO 24 LTD AMMC 2021-24A AR                                                  | CUSIP: 00177LAJ9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    325000 | PA      | $324905.10    | 0.13%             | 2035-01-20      | Floating      | 5.08%                 | Yes           |                  2 | On Loan: No      |
| PASADENA TEX INDPT SCH DIST                                                  | PASADENA TX INDEP SCH DIST PASADENA INDEPENDENT SCHOOL DISTRICT                   | CUSIP: 702334HA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $53234.68     | 0.02%             | 2053-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| FOUNDRY JV HOLDCO LLC                                                        | FOUNDRY JV HOLDCO LLC 144A 5.500000% 01/25/2031                                   | CUSIP: 350930AF0<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |     20000 | PA      | $20798.31     | 0.01%             | 2031-01-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SMALL BUSINESS ADMINISTRATION GTD                                            | UNITED STATES SMALL BUSINESS ADMINISTRATION SBAP 2010-20B 1                       | CUSIP: 83162CTB9<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |     16321 | PA      | $16303.09     | 0.01%             | 2030-02-01      | Fixed         | 4.14%                 | No            |                  2 | On Loan: No      |
| SMALL BUSINESS ADMINISTRATION GTD                                            | UNITED STATES SMALL BUSINESS ADMINISTRATION SBAP 2015-20F 1                       | CUSIP: 83162CXB4<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |     52862 | PA      | $50481.13     | 0.02%             | 2035-06-01      | Fixed         | 2.98%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN CB7109                                                         | CUSIP: 3140QS3T6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     82988 | PA      | $84949.93     | 0.03%             | 2053-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| United States of America                                                     | US TREASURY N/B 4.625000% 05/15/2044                                              | CUSIP: 912810UB2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    390000 | PA      | $391096.88    | 0.16%             | 2044-05-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Dominion Energy, Inc.                                                        | DOMINION ENERGY INC 6.200000% 02/15/2056                                          | CUSIP: 25746UEA3<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |    125000 | PA      | $126236.59    | 0.05%             | 2056-02-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC GOLD POOL FG Q53595                                                   | CUSIP: 3132XV7H0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    346878 | PA      | $327384.28    | 0.13%             | 2048-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| OBX TRUST                                                                    | OBX 2022-NQM1 TRUST OBX 2022-NQM1 A2                                              | CUSIP: 67114VAB9<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    120000 | PA      | $96537.49     | 0.04%             | 2061-11-25      | Floating      | 3.00%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC REMICS FHR 4813 CJ                                                    | CUSIP: 3137FGSM8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     43869 | PA      | $39475.40     | 0.02%             | 2048-08-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| APIDOS CLO                                                                   | APIDOS CLO XXX APID XXXA A1AR                                                     | CUSIP: 03768CAN9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     96412 | PA      | $96384.29     | 0.04%             | 2031-10-18      | Floating      | 4.96%                 | Yes           |                  2 | On Loan: No      |
| ALTICE FRANCE SAS                                                            | ALTICE FRANCE SAS SR GLBL 144A 29                                                 | CUSIP: 02156LAA9<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | NUSS              | FR        |      2799 | PA      | $2723.23      | 0.00%             | 2032-03-15      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC POOL FR SD2395                                                        | CUSIP: 3132DPUU0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     77183 | PA      | $77979.53     | 0.03%             | 2053-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                                                  | BANK OF AMERICA CORP MTN 4.250000% 10/22/2026                                     | CUSIP: 06051GFL8<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |     50000 | PA      | $50106.62     | 0.02%             | 2026-10-22      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2                                   | GINNIE MAE II POOL G2 MA7883                                                      | CUSIP: 36179WXL7<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     72165 | PA      | $66696.85     | 0.03%             | 2052-02-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST TWY AUTH ST PERS INCOME TAX REV                                  | NEW YORK ST THRUWAY AUTH PERSO NEW YORK STATE THRUWAY AUTHORITY                   | CUSIP: 650028ZN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $108007.28    | 0.04%             | 2053-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BX COMMERCIAL MORTGAGE TRUST                                                 | BX TRUST 2025-VOLT BX 2025-VOLT A                                                 | CUSIP: 05619PAA4<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    671000 | PA      | $670580.63    | 0.27%             | 2044-12-15      | Floating      | 0.00%                 | Yes           |                  2 | On Loan: No      |
| CITIGROUP INC.                                                               | CITIGROUP INC 4.658000% 05/24/2028                                                | CUSIP: 172967NS6<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |     20000 | PA      | $20168.80     | 0.01%             | 2028-05-24      | Fixed         | 4.66%                 | No            |                  2 | On Loan: No      |
| TRINITAS CLO LTD                                                             | TRINITAS CLO VI LTD TRNTS 2017-6A B1R4                                            | CUSIP: 89640YBS2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $249863.75    | 0.10%             | 2034-01-25      | Floating      | 5.51%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC POOL FR RA3206                                                        | CUSIP: 3133KJR38<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    352550 | PA      | $292775.21    | 0.12%             | 2050-08-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| VOLKSWAGEN GROUP OF AMERICA FINANCE, LLC                                     | VOLKSWAGEN GROUP OF AMERICA FINANCE LLC 144A 5.800000% 03/27/2035                 | CUSIP: 928668CS9<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | DE        |     55000 | PA      | $57139.14     | 0.02%             | 2035-03-27      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| COLUMBIA PIPELINES OPERATING COMPANY LLC                                     | COLUMBIA PIPELINES OPERATING CO LLC 144A 5.439000% 02/15/2035                     | CUSIP: 19828TAG1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    246000 | PA      | $252873.19    | 0.10%             | 2035-02-15      | Fixed         | 5.44%                 | No            |                  2 | On Loan: No      |
| SMALL BUSINESS INVESTMENT COMPANIES                                          | SBA SMALL BUSINESS INVESTMENT COS SBIC 2025-10A 1                                 | CUSIP: 831641FZ3<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    335000 | PA      | $341568.08    | 0.14%             | 2035-03-10      | Fixed         | 4.96%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC POOL FR ZT0794                                                        | CUSIP: 3132AC3B4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    124334 | PA      | $123901.43    | 0.05%             | 2048-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC MULTIFAMILY STRUCTURED PASS THROUGH CE FHMS K124 X1                   | CUSIP: 3137F9YZ8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |   2971225 | PA      | $90133.88     | 0.04%             | 2030-12-25      | Floating      | 0.81%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2                                   | GINNIE MAE II POOL G2 MA5877                                                      | CUSIP: 36179UQ62<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |      8985 | PA      | $8974.27      | 0.00%             | 2049-04-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PLANET FITNESS MASTER ISSUER LLC                                             | PLANET FITNESS MASTER ISSUER LLC PLNT 2024-1A A2I                                 | CUSIP: 72703PAF0<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    490050 | PA      | $497093.54    | 0.20%             | 2054-06-05      | Fixed         | 5.76%                 | Yes           |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                        | WELLS FARGO & CO MTN 5.557000% 07/25/2034                                         | CUSIP: 95000U3F8<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    360000 | PA      | $381307.72    | 0.15%             | 2034-07-25      | Fixed         | 5.56%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2                                   | GINNIE MAE II POOL G2 MA5712                                                      | CUSIP: 36179UKZ4<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     11605 | PA      | $11796.89     | 0.00%             | 2049-01-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO.                                                         | JPMORGAN CHASE & CO 4.565000% 06/14/2030                                          | CUSIP: 46647PDF0<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    180000 | PA      | $182490.60    | 0.07%             | 2030-06-14      | Fixed         | 4.57%                 | No            |                  2 | On Loan: No      |
| United States of America                                                     | US TREASURY N/B 4.625000% 11/15/2044                                              | CUSIP: 912810UF3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1022000 | PA      | $1022399.21   | 0.41%             | 2044-11-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| ARES COMMERCIAL MORTGAGE TRUST                                               | ARES TRUST 2025-IND3 ARES1 2025-IND3 A                                            | CUSIP: 039955AA7<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    328000 | PA      | $328102.30    | 0.13%             | 2042-04-15      | Floating      | 5.53%                 | Yes           |                  2 | On Loan: No      |
| Government National Mortgage Association 2                                   | GINNIE MAE II POOL G2 MA8429                                                      | CUSIP: 36179XLJ3<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     69255 | PA      | $70578.96     | 0.03%             | 2052-11-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC GOLD POOL FG U99054                                                   | CUSIP: 3132H7BY9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    116531 | PA      | $112749.61    | 0.05%             | 2043-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| United Airlines Pass Through Trust                                           | UNITED AIRLINES 2014-1 CLASS A PASS THROUGH TRUST 4.000000% 04/11/2026            | CUSIP: 90932PAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    358996 | PA      | $358784.93    | 0.14%             | 2026-04-11      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| OBX TRUST                                                                    | OBX 2022-NQM6 TRUST OBX 2022-NQM6 A1                                              | CUSIP: 67116VAA9<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    128402 | PA      | $128275.05    | 0.05%             | 2062-07-25      | Fixed         | 4.70%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC NON GOLD POOL FH 841089                                               | CUSIP: 31288QF62<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     58091 | PA      | $60017.10     | 0.02%             | 2047-06-01      | Floating      | 6.38%                 | No            |                  2 | On Loan: No      |
| COMCAST CORPORATION                                                          | COMCAST CORP 144A 5.168000% 01/15/2037                                            | CUSIP: 20030NES6<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    188000 | PA      | $187752.00    | 0.08%             | 2037-01-15      | Fixed         | 5.17%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN AS7313                                                         | CUSIP: 3138WHDT6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     81248 | PA      | $77122.17     | 0.03%             | 2046-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO.                                                         | JPMORGAN CHASE & CO 5.766000% 04/22/2035                                          | CUSIP: 46647PEH5<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    213000 | PA      | $229311.18    | 0.09%             | 2035-04-22      | Fixed         | 5.77%                 | No            |                  2 | On Loan: No      |
| CHARTER COMMUNICATIONS OPERATING, LLC                                        | CHARTER COMMUNICATIONS OPERATING LLC / CHARTER COM 6.384000% 10/23/2035           | CUSIP: 161175AZ7<br>LEI: 549300TPZNMN50BJ3745 | Long             | DBT              | CORP              | US        |    413000 | PA      | $426731.73    | 0.17%             | 2035-10-23      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Duke Energy Carolinas, LLC                                                   | DUKE ENERGY CAROLINAS LLC 3.950000% 03/15/2048                                    | CUSIP: 26442CAU8<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |     98000 | PA      | $79061.05     | 0.03%             | 2048-03-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| CLOUD CAPITAL DATA CENTERS                                                   | CLOUD CAPITAL HOLDCO LP CLDCD 2024-1A A2                                          | CUSIP: 102104AA4<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    160000 | PA      | $161007.20    | 0.06%             | 2049-11-22      | Fixed         | 5.78%                 | Yes           |                  2 | On Loan: No      |
| SBA TOWER TRUST                                                              | SBA TOWER TRUST 144A 2.593000% 10/15/2031                                         | CUSIP: 78403DAX8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    376000 | PA      | $334342.40    | 0.13%             | 2031-10-15      | Fixed         | 2.59%                 | Yes           |                  2 | On Loan: No      |
| CVS HEALTH CORPORATION                                                       | CVS HEALTH CORP 7.000000% 03/10/2055                                              | CUSIP: 126650EH9<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |     65000 | PA      | $68338.73     | 0.03%             | 2055-03-10      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| ORACLE CORPORATION                                                           | ORACLE CORP 5.950000% 09/26/2055                                                  | CUSIP: 68389XDR3<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |     45000 | PA      | $42166.62     | 0.02%             | 2055-09-26      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| JPMDB COMMERCIAL MORTGAGE SECURITIES TRUST                                   | JPMDB COMMERCIAL MORTGAGE SECURITIES TRUST 2017-C7 JPMDB 2017-C7 XA               | CUSIP: 46648KAW6<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |   1163126 | PA      | $13888.19     | 0.01%             | 2050-10-15      | Floating      | 0.96%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO HOME EQUITY TRUST                                                | WELLS FARGO HOME EQUITY ASSET-BACKED SECURITIES 20 WFHET 2005-2 M9                | CUSIP: 94981PAM2<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    198320 | PA      | $198686.08    | 0.08%             | 2034-12-25      | Floating      | 6.47%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC POOL FR RA4703                                                        | CUSIP: 3133KLGL5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    220991 | PA      | $183531.56    | 0.07%             | 2051-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| FIGRE TRUST                                                                  | FIGRE TRUST 2025-HE3 FIGRE 2025-HE3 A                                             | CUSIP: 31684LAA9<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    373499 | PA      | $377481.11    | 0.15%             | 2055-05-25      | Floating      | 5.56%                 | Yes           |                  2 | On Loan: No      |
| COLUMBIA PIPELINES OPERATING COMPANY LLC                                     | COLUMBIA PIPELINES OPERATING CO LLC 144A 6.036000% 11/15/2033                     | CUSIP: 19828TAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $107385.46    | 0.04%             | 2033-11-15      | Fixed         | 6.04%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN 890843                                                         | CUSIP: 31410LWC2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     31292 | PA      | $28598.97     | 0.01%             | 2047-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| SMALL BUSINESS ADMINISTRATION GTD                                            | UNITED STATES SMALL BUSINESS ADMINISTRATION SBAP 2011-20G 1                       | CUSIP: 83162CUD3<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |     77352 | PA      | $76499.24     | 0.03%             | 2031-07-01      | Fixed         | 3.74%                 | No            |                  2 | On Loan: No      |
| Ecopetrol S.A.                                                               | ECOPETROL SA 4.625000% 11/02/2031                                                 | CUSIP: 279158AP4<br>LEI: 254900IDGKCJICKBPA66 | Long             | DBT              | NUSS              | CO        |    120000 | PA      | $106972.22    | 0.04%             | 2031-11-02      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| CLOVER CLO LLC                                                               | CLOVER CLO 2021-3 LLC CLVR 2021-3A AR                                             | CUSIP: 18915FAA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    300000 | PA      | $299764.20    | 0.12%             | 2035-01-25      | Floating      | 4.93%                 | Yes           |                  2 | On Loan: No      |
| T-MOBILE USA, INC.                                                           | T-MOBILE USA INC 3.875000% 04/15/2030                                             | CUSIP: 87264ABF1<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    675000 | PA      | $664900.22    | 0.27%             | 2030-04-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| WASHINGTON MUTUAL MORTGAGE PASS-THROUGH CERTIFICIATES                        | WAMU MORTGAGE PASS-THROUGH CERTIFICATES SERIES 200 WAMU 2005-AR8 2A1A             | CUSIP: 92922FR75<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    432327 | PA      | $419243.84    | 0.17%             | 2045-07-25      | Floating      | 4.69%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO COMMERCIAL MORTGAGE TRUST                                        | WELLS FARGO COMMERCIAL MORTGAGE TRUST 2025-5C6 WFCM 2025-5C6 A3                   | CUSIP: 95004TAC6<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    486000 | PA      | $502180.45    | 0.20%             | 2058-10-15      | Fixed         | 5.19%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC POOL FR QB2668                                                        | CUSIP: 3133A86D4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    191369 | PA      | $164985.27    | 0.07%             | 2050-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS EDL FING AUTH ED LN REV                                        | MASSACHUSETTS ST EDUCTNL FING MASSACHUSETTS EDUCATIONAL FINANCING AUTHORITY       | CUSIP: 57563RSP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    285000 | PA      | $285090.32    | 0.11%             | 2027-07-01      | Fixed         | 4.14%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN FM6497                                                         | CUSIP: 3140XAGF3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    179520 | PA      | $149718.59    | 0.06%             | 2051-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN BP2319                                                         | CUSIP: 3140K9SH3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     43219 | PA      | $38998.25     | 0.02%             | 2050-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2                                   | GINNIE MAE II POOL G2 BS8420                                                      | CUSIP: 3617MKK99<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     23364 | PA      | $22252.61     | 0.01%             | 2050-04-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN FM3444                                                         | CUSIP: 3140X6ZJ3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     73470 | PA      | $68744.60     | 0.03%             | 2050-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CONOCOPHILLIPS COMPANY                                                       | CONOCOPHILLIPS CO 5.500000% 01/15/2055                                            | CUSIP: 20826FBM7<br>LEI: 6VJJ5GQWIRDQ06DUXG89 | Long             | DBT              | CORP              | US        |    124000 | PA      | $121213.43    | 0.05%             | 2055-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN FM2336                                                         | CUSIP: 3140X5S20<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     58265 | PA      | $56396.44     | 0.02%             | 2050-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DELTA AIRLINES 2020-1 CLASS AA PASS THROUGH TRUST                            | DELTA AIR LINES 2020-1 CLASS AA PASS THROUGH TRUST 2.000000% 06/10/2028           | CUSIP: 247361ZV3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    119175 | PA      | $114429.41    | 0.05%             | 2028-06-10      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| AMSR TRUST                                                                   | AMSR 2024-SFR1 TRUST AMSR 2024-SFR1 A                                             | CUSIP: 00179CAA6<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    487000 | PA      | $485805.34    | 0.20%             | 2041-07-17      | Fixed         | 4.29%                 | Yes           |                  2 | On Loan: No      |
| META PLATFORMS, INC.                                                         | META PLATFORMS INC 5.600000% 05/15/2053                                           | CUSIP: 30303M8Q8<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |     20000 | PA      | $19922.58     | 0.01%             | 2053-05-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| CONSOLIDATED EDISON COMPANY OF NEW YORK, INC.                                | CONSOLIDATED EDISON CO OF NEW YORK INC 3.950000% 04/01/2050                       | CUSIP: 209111FY4<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |     20000 | PA      | $15984.69     | 0.01%             | 2050-04-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| DIAMONDBACK ENERGY, INC.                                                     | DIAMONDBACK ENERGY INC 3.250000% 12/01/2026                                       | CUSIP: 25278XAM1<br>LEI: 549300R22LSX6OHWEN64 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9916.51      | 0.00%             | 2026-12-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN FS4367                                                         | CUSIP: 3140XKZ94<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    326821 | PA      | $321708.36    | 0.13%             | 2037-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN FS1112                                                         | CUSIP: 3140XGGW3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    148487 | PA      | $124170.63    | 0.05%             | 2052-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN FS7271                                                         | CUSIP: 3140XPCH0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    502521 | PA      | $487564.07    | 0.20%             | 2050-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Amcor Flexibles North America, Inc                                           | AMCOR FLEXIBLES NORTH AMERICA INC 5.500000% 03/17/2035                            | CUSIP: 02344AAH1<br>LEI: PTVU09TE3QPJPL7K4E13 | Long             | DBT              | CORP              | US        |    315000 | PA      | $326661.61    | 0.13%             | 2035-03-17      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FWDP 2Y RTP 3.64 2/27/26                                                     | FWDP 2Y RTP 3.64 2/27/26 EXPIRATION: 2/27/2026                                    | CUSIP: SWP121AT4<br>LEI: N/A                  | N/A              | DIR              |  | US        |   5380000 | NC      | $14050.83     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| BBCMS TRUST                                                                  | BARCLAYS COMMERCIAL MORTGAGE TRUST 2019-C3 BBCMS 2019-C3 A3                       | CUSIP: 05550MAS3<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    569000 | PA      | $554868.09    | 0.22%             | 2052-05-15      | Fixed         | 3.32%                 | No            |                  2 | On Loan: No      |
| CHARTER COMMUNICATIONS OPERATING, LLC                                        | CHARTER COMMUNICATIONS OPERATING LLC / CHARTER COM 6.550000% 06/01/2034           | CUSIP: 161175CR3<br>LEI: 549300TPZNMN50BJ3745 | Long             | DBT              | CORP              | US        |    110000 | PA      | $116010.04    | 0.05%             | 2034-06-01      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| U.S. DOLLARS                                                                 | FX Forward Contract: USD/AUD SETTLE 2026-01-09                                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $-4701.51     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CVS HEALTH CORPORATION                                                       | CVS HEALTH CORP 6.750000% 12/10/2054                                              | CUSIP: 126650EG1<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |     40000 | PA      | $41453.48     | 0.02%             | 2054-12-10      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| United States of America                                                     | US TREASURY N/B 3.500000% 10/15/2028                                              | CUSIP: 91282CPC9<br>LEI: 254900HROIFWPRGM1V77 | Long             | SN               | UST               | US        |    239000 | PA      | $239000.00    | 0.10%             | 2028-10-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| GA GLOBAL FUNDING TRUST                                                      | GA GLOBAL FUNDING TRUST 144A 5.500000% 01/08/2029                                 | CUSIP: 36143L2L8<br>LEI: 54930029I8ROQ4OROZ88 | Long             | DBT              | CORP              | US        |    521000 | PA      | $537094.97    | 0.22%             | 2029-01-08      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC POOL FR SD8045                                                        | CUSIP: 3132DV5E1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    266969 | PA      | $249659.71    | 0.10%             | 2050-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CHARTER COMMUNICATIONS OPERATING, LLC                                        | CHARTER COMMUNICATIONS OPERATING LLC / CHARTER COM 6.484000% 10/23/2045           | CUSIP: 161175BA1<br>LEI: 549300TPZNMN50BJ3745 | Long             | DBT              | CORP              | US        |     20000 | PA      | $19162.56     | 0.01%             | 2045-10-23      | Fixed         | 6.48%                 | No            |                  2 | On Loan: No      |
| FARMERS EXCHANGE CAPITAL II                                                  | FARMERS EXCHANGE CAPITAL II 144A 6.151000% 11/01/2053                             | CUSIP: 30958PAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    165000 | PA      | $164026.68    | 0.07%             | 2053-11-01      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| RENTOKIL TERMINIX FUNDING, LLC                                               | RENTOKIL TERMINIX FUNDING LLC 144A 5.000000% 04/28/2030                           | CUSIP: 760130AA2<br>LEI: 984500D5BAA7560EKJ44 | Long             | DBT              | CORP              | US        |    450000 | PA      | $459189.62    | 0.18%             | 2030-04-28      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WarnerMedia Holdings, Inc.                                                   | WARNERMEDIA HOLDINGS INC 5.141000% 03/15/2052                                     | CUSIP: 55903VBU6<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |      2000 | PA      | $1496.00      | 0.00%             | 2052-03-15      | Fixed         | 5.14%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN MA4784                                                         | CUSIP: 31418EJ68<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    759741 | PA      | $747682.89    | 0.30%             | 2052-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| United States of America                                                     | WI TREASURY SEC. 3.500000% 11/30/2030                                             | CUSIP: 91282CPN5<br>LEI: 254900HROIFWPRGM1V77 | Long             | SN               | UST               | US        |    765000 | PA      | $761473.82    | 0.31%             | 2030-11-30      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN AL6301                                                         | CUSIP: 3138EPAB0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     35845 | PA      | $36133.03     | 0.01%             | 2042-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BAIN CAPITAL CREDIT CLO                                                      | BAIN CAPITAL CREDIT CLO 2021-6 LTD BCC 2021-6A A1R                                | CUSIP: 05684PAL0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    275000 | PA      | $274920.53    | 0.11%             | 2034-10-21      | Floating      | 4.96%                 | Yes           |                  2 | On Loan: No      |
| CSMC TRUST                                                                   | CSMC 2022-NQM5 TRUST CSMC 2022-NQM5 A1                                            | CUSIP: 12663DAC8<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    146483 | PA      | $146320.13    | 0.06%             | 2067-05-25      | Floating      | 5.17%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN AP2422                                                         | CUSIP: 3138M5VQ9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     46708 | PA      | $44670.60     | 0.02%             | 2042-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC GOLD POOL FG G60804                                                   | CUSIP: 31335A3M8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    121924 | PA      | $123589.87    | 0.05%             | 2042-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC POOL FR RA3607                                                        | CUSIP: 3133KKAG4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    150768 | PA      | $136347.33    | 0.05%             | 2050-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| DIAMOND ISSUER LLC                                                           | DIAMOND ISSUER SHINE 2021-1A A                                                    | CUSIP: 25267TAN1<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |     25000 | PA      | $23773.44     | 0.01%             | 2051-11-20      | Fixed         | 2.31%                 | Yes           |                  2 | On Loan: No      |
| FREDDIE MAC STACR REMIC TRUST                                                | FREDDIE MAC STACR REMIC TRUST 2022-DNA2 STACR 2022-DNA2 M2                        | CUSIP: 35564KRN1<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    110000 | PA      | $113396.17    | 0.05%             | 2042-02-25      | Floating      | 7.82%                 | Yes           |                  2 | On Loan: No      |
| MORGAN STANLEY                                                               | MORGAN STANLEY MTN 2.511000% 10/20/2032                                           | CUSIP: 61747YEH4<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    180000 | PA      | $162087.62    | 0.07%             | 2032-10-20      | Fixed         | 2.51%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC REMICS FHR 5230 PE                                                    | CUSIP: 3137H7XD0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    100000 | PA      | $83388.44     | 0.03%             | 2051-12-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| JH NORTH AMERICA HOLDINGS INC.                                               | JH NORTH AMERICA HOLDINGS INC 144A 5.875000% 01/31/2031                           | CUSIP: 46593WAA3<br>LEI: 254900A6FXA0D81TL967 | Long             | DBT              | CORP              | US        |     60000 | PA      | $60808.56     | 0.02%             | 2031-01-31      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| TRICON AMERICAN HOMES TRUST                                                  | TRICON AMERICAN HOMES 2019-SFR1 TRUST TAH 2019-SFR1 A                             | CUSIP: 89612LAA4<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    281925 | PA      | $280360.17    | 0.11%             | 2038-03-17      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| STRUCTURED ASSET SECURITIES CORPORATION                                      | STRUCTURED ASSET SECURITIES CORP MORTGAGE LOAN TRU SASC 2007-WF1 A1               | CUSIP: 86358BAA0<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |     76086 | PA      | $75512.36     | 0.03%             | 2037-02-25      | Floating      | 4.49%                 | No            |                  2 | On Loan: No      |
| UBS Group AG                                                                 | UBS GROUP AG 4.550000% 04/17/2026                                                 | CUSIP: 902613BB3<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | NUSS              | CH        |    250000 | PA      | $250454.85    | 0.10%             | 2026-04-17      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| GOLDMAN, SACHS & CO.                                                         | US 2YR NOTE (CBT) MAR26 FINANCIAL COMMODITY FUTURE.                               | CUSIP: N/A<br>LEI: KD3XUN7C6T14HNAYLU02       | N/A              | DIR              |  | US        |        86 | NC      | $17961906.25  | 7.22%             |  |  |  | No            |                  1 | On Loan: No      |
| ORACLE CORPORATION                                                           | ORACLE CORP 5.875000% 09/26/2045                                                  | CUSIP: 68389XDP7<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |     60000 | PA      | $56574.98     | 0.02%             | 2045-09-26      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC POOL FR SD8256                                                        | CUSIP: 3132DWE58<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    890129 | PA      | $852033.15    | 0.34%             | 2052-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| KKR & CO. INC.                                                               | KKR & CO INC 5.100000% 08/07/2035                                                 | CUSIP: 48251WAB0<br>LEI: 54930013V5I303TF9571 | Long             | DBT              | CORP              | US        |    511000 | PA      | $510363.46    | 0.21%             | 2035-08-07      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| PRET LLC                                                                     | PRET 2025-NPL7 LLC PRET 2025-NPL7 A1                                              | CUSIP: 740934AA2<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    105457 | PA      | $105710.97    | 0.04%             | 2055-07-25      | Fixed         | 5.66%                 | Yes           |                  2 | On Loan: No      |
| AIA Group Limited                                                            | AIA GROUP LTD MTN 5.375000% 04/05/2034                                            | CUSIP: 00131LAQ8<br>LEI: ZP5ILWVSYE4LJGMMVD57 | Long             | DBT              | NUSS              | HK        |    276000 | PA      | $288306.62    | 0.12%             | 2034-04-05      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2                                   | GINNIE MAE II POOL G2 CG3425                                                      | CUSIP: 3617WGYW1<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    105055 | PA      | $90952.78     | 0.04%             | 2051-09-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC POOL FR ZT0657                                                        | CUSIP: 3132ACWS5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     76171 | PA      | $80951.48     | 0.03%             | 2040-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                          | WENDY'S FUNDING LLC WEN 2025-1A A2I                                               | CUSIP: 95058XAR9<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    393000 | PA      | $395238.92    | 0.16%             | 2055-12-15      | Fixed         | 5.42%                 | No            |                  2 | On Loan: No      |
| HUMANA INC.                                                                  | HUMANA INC 2.150000% 02/03/2032                                                   | CUSIP: 444859BR2<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |     10000 | PA      | $8681.75      | 0.00%             | 2032-02-03      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| ALTICE FINANCING S.A.                                                        | ALTICE FINANCING SA 144A 5.000000% 01/15/2028                                     | CUSIP: 02154CAF0<br>LEI: 549300DIYGW8HVDF7Q17 | Long             | DBT              | NUSS              | LU        |      7000 | PA      | $4679.29      | 0.00%             | 2028-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2                                   | GINNIE MAE II POOL G2 MA8801                                                      | CUSIP: 36179XX68<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    141394 | PA      | $143652.88    | 0.06%             | 2053-04-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Republica Federativa do Brasil                                               | FED REPUBLIC OF BRAZIL 4.750000% 01/14/2050                                       | CUSIP: 105756CB4<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |    200000 | PA      | $147900.00    | 0.06%             | 2050-01-14      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO.                                                         | JPMORGAN CHASE & CO 4.203000% 07/23/2029                                          | CUSIP: 46647PAV8<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    590000 | PA      | $591854.16    | 0.24%             | 2029-07-23      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| The Bank of New York Mellon Corporation                                      | BANK OF NEW YORK MELLON CORP/THE MTN 4.289000% 06/13/2033                         | CUSIP: 06406RBH9<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99179.61     | 0.04%             | 2033-06-13      | Fixed         | 4.29%                 | No            |                  2 | On Loan: No      |
| DIAMOND INFRASTRUCTURE FUNDING                                               | DIAMOND INFRASTRUCTURE FUNDING LLC DNFRA 2021-1A A                                | CUSIP: 25265LAA8<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    285000 | PA      | $275490.35    | 0.11%             | 2049-04-15      | Fixed         | 1.76%                 | Yes           |                  2 | On Loan: No      |
| AMERICAN EXPRESS COMPANY                                                     | AMERICAN EXPRESS CO 4.050000% 05/03/2029                                          | CUSIP: 025816CW7<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |     50000 | PA      | $50332.84     | 0.02%             | 2029-05-03      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| DTE ENERGY COMPANY                                                           | DTE ENERGY CO 4.875000% 06/01/2028                                                | CUSIP: 233331BJ5<br>LEI: 549300IX8SD6XXD71I78 | Long             | DBT              | CORP              | US        |    192000 | PA      | $195486.20    | 0.08%             | 2028-06-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| PENSKE TRUCK LEASING CO., L.P.                                               | PENSKE TRUCK LEASING CO LP / PTL FINANCE CORP 144A 5.550000% 05/01/2028           | CUSIP: 709599BT0<br>LEI: 549300ZX07JYMI8GHQ39 | Long             | DBT              | CORP              | US        |    542000 | PA      | $558191.78    | 0.22%             | 2028-05-01      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| DELL INTERNATIONAL L.L.C.                                                    | DELL INTERNATIONAL LLC / EMC CORP 4.500000% 02/15/2031                            | CUSIP: 24703DBS9<br>LEI: 254900ZARLSVK41DKO78 | Long             | DBT              | CORP              | US        |    195000 | PA      | $195017.56    | 0.08%             | 2031-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PEACHTREE CORNERS FUNDING TRUST II                                           | PEACHTREE CORNERS FUNDING TRUST II 144A 6.012000% 05/15/2035                      | CUSIP: 70470BAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    255000 | PA      | $269437.40    | 0.11%             | 2035-05-15      | Fixed         | 6.01%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC GOLD POOL FG G67701                                                   | CUSIP: 3132XCRW7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    111199 | PA      | $102902.95    | 0.04%             | 2046-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC POOL FR SD8286                                                        | CUSIP: 3132DWF32<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    421815 | PA      | $404093.42    | 0.16%             | 2053-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Transocean Titan Financing Limited                                           | TRANSOCEAN TITAN FINANCING LTD 144A 8.375000% 02/01/2028                          | CUSIP: 89386MAA6<br>LEI: N/A                  | Long             | DBT              | NUSS              | US        |      6476 | PA      | $6654.29      | 0.00%             | 2028-02-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| GS MORTGAGE-BACKED SECURITIES TRUST                                          | GS MORTGAGE-BACKED SECURITIES TRUST 2025-PJ7 GSMBS 2025-PJ7 A5                    | CUSIP: 36272MAE6<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    285898 | PA      | $287608.85    | 0.12%             | 2055-12-25      | Floating      | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Government National Mortgage Association 2                                   | GINNIE MAE II POOL G2 MA5594                                                      | CUSIP: 36179UGB2<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     64657 | PA      | $60182.37     | 0.02%             | 2048-11-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| AT&T INC.                                                                    | AT&T INC 2.550000% 12/01/2033                                                     | CUSIP: 00206RMM1<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |     50000 | PA      | $42899.55     | 0.02%             | 2033-12-01      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC GOLD POOL FG U99045                                                   | CUSIP: 3132H7BP8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     15271 | PA      | $14602.82     | 0.01%             | 2043-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| United States of America                                                     | US TREASURY N/B 3.500000% 10/31/2027                                              | CUSIP: 91282CPE5<br>LEI: 254900HROIFWPRGM1V77 | Long             | SN               | UST               | US        |   8794000 | PA      | $8791938.86   | 3.54%             | 2027-10-31      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ANGEL OAK MORTGAGE TRUST                                                     | ANGEL OAK MORTGAGE TRUST 2022-4 AOMT 2022-4 A1                                    | CUSIP: 03465KAA5<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    452553 | PA      | $451198.75    | 0.18%             | 2067-05-25      | Fixed         | 4.65%                 | Yes           |                  2 | On Loan: No      |
| T-MOBILE USA, INC.                                                           | T-MOBILE USA INC 3.400000% 10/15/2052                                             | CUSIP: 87264ACT0<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |     30000 | PA      | $20629.44     | 0.01%             | 2052-10-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                     | GINNIE MAE I POOL GN 784605                                                       | CUSIP: 3622AAAE4<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     88145 | PA      | $88513.14     | 0.04%             | 2042-01-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE OR FREDDIE MAC 30YR TBA (DECEMBER)                                     | CUSIP: 01F0326C3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |   1625000 | PA      | $1502874.34   | 0.60%             | 2055-12-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2                                   | GINNIE MAE II POOL 30YR TBA (DECEMBER)                                            | CUSIP: 21H0526C7<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    150000 | PA      | $151481.65    | 0.06%             | 2055-12-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BENCHMARK MORTGAGE TRUST                                                     | BENCHMARK 2020-B22 MORTGAGE TRUST BMARK 2020-B22 ASB                              | CUSIP: 08163BBD2<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    474000 | PA      | $446956.07    | 0.18%             | 2054-01-15      | Fixed         | 1.73%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN FS5630                                                         | CUSIP: 3140XMHG4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    421050 | PA      | $419013.20    | 0.17%             | 2053-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC REMICS FHR 5038 PJ                                                    | CUSIP: 3137FXP77<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    262978 | PA      | $194057.92    | 0.08%             | 2050-10-25      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN CB1878                                                         | CUSIP: 3140QMCQ5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     66233 | PA      | $59346.21     | 0.02%             | 2051-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN FM7794                                                         | CUSIP: 3140XBUU2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    300507 | PA      | $291021.96    | 0.12%             | 2050-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC GOLD POOL FG Q42618                                                   | CUSIP: 3132WF4C0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    138918 | PA      | $127046.66    | 0.05%             | 2046-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2                                   | GINNIE MAE II POOL G2 786916                                                      | CUSIP: 3622ACSD3<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    161361 | PA      | $164785.20    | 0.07%             | 2053-08-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PRPM LLC                                                                     | PRPM 2024-NQM4 TRUST PRPM 2024-NQM4 A1                                            | CUSIP: 69381UAA5<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    331436 | PA      | $333458.67    | 0.13%             | 2069-12-26      | Fixed         | 5.67%                 | Yes           |                  2 | On Loan: No      |
| ORACLE CORPORATION                                                           | ORACLE CORP 4.800000% 09/26/2032                                                  | CUSIP: 68389XDK8<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    560000 | PA      | $550538.37    | 0.22%             | 2032-09-26      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| CHASE HOME LENDING MORTGAGE TRUST                                            | CHASE HOME LENDING MORTGAGE TRUST SERIES 2025-11 CHASE 2025-11 A4A                | CUSIP: 16162QAE2<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    642000 | PA      | $640853.97    | 0.26%             | 2056-02-25      | Floating      | 5.00%                 | Yes           |                  2 | On Loan: No      |
| MCDONALD'S CORPORATION                                                       | MCDONALD'S CORP MTN 4.700000% 12/09/2035                                          | CUSIP: 58013MEZ3<br>LEI: UE2136O97NLB5BYP9H04 | Long             | DBT              | CORP              | US        |     55000 | PA      | $55197.82     | 0.02%             | 2035-12-09      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN CB2563                                                         | CUSIP: 3140QMZ56<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    215725 | PA      | $189715.56    | 0.08%             | 2042-01-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN FM9461                                                         | CUSIP: 3140XDQP4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    334629 | PA      | $311216.37    | 0.13%             | 2051-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2                                   | GINNIE MAE II POOL G2 MB0024                                                      | CUSIP: 3618N5A25<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    333865 | PA      | $326744.52    | 0.13%             | 2054-11-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| United States of America                                                     | US TREASURY N/B 4.375000% 08/15/2043                                              | CUSIP: 912810TU2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3922000 | PA      | $3823183.99   | 1.54%             | 2043-08-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| THE HOME DEPOT, INC.                                                         | HOME DEPOT INC/THE 2.700000% 04/15/2030                                           | CUSIP: 437076CB6<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |     20000 | PA      | $18944.28     | 0.01%             | 2030-04-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Romania                                                                      | ROMANIA 6.625000% 05/16/2036                                                      | CUSIP: X73648AA9<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |    152000 | PA      | $156863.01    | 0.06%             | 2036-05-16      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA, INC.                                                           | T-MOBILE USA INC 5.150000% 04/15/2034                                             | CUSIP: 87264ADF9<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |     40000 | PA      | $41165.94     | 0.02%             | 2034-04-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC POOL FR SD3400                                                        | CUSIP: 3132DQX50<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     83026 | PA      | $81888.18     | 0.03%             | 2052-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC POOL FR QB4847                                                        | CUSIP: 3133ABL40<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    132531 | PA      | $113018.39    | 0.05%             | 2050-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| OBX TRUST                                                                    | OBX 2024-NQM3 TRUST OBX 2024-NQM3 A3                                              | CUSIP: 67118KAC7<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |     59512 | PA      | $60163.18     | 0.02%             | 2063-12-25      | Fixed         | 6.43%                 | Yes           |                  2 | On Loan: No      |
| COMPAGNIE DE CHEMIN DE FER CANADIEN PACIFIQUE                                | CANADIAN PACIFIC RAILWAY CO 6.125000% 09/15/2115                                  | CUSIP: 13645RAX2<br>LEI: 54930036474DURYNB481 | Long             | DBT              | NUSS              | CA        |    167000 | PA      | $170494.58    | 0.07%             | 2115-09-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC POOL FR SD8287                                                        | CUSIP: 3132DWF40<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |   1362683 | PA      | $1339647.45   | 0.54%             | 2053-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SOLRR AIRCRAFT LIMITED                                                       | LUNAR 2021-1 STRUCTURED AIRCRAFT PORTFOLIO NOTES SOLRR 2021-1 A                   | CUSIP: 83438LAA9<br>LEI: N/A                  | Long             | ABS-MBS          |  | IE        |    165099 | PA      | $157286.91    | 0.06%             | 2046-10-15      | Fixed         | 2.64%                 | Yes           |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG, INC.                                                     | VENTURE GLOBAL LNG INC 144A 7.000000% 01/15/2030                                  | CUSIP: 92332YAE1<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |     60000 | PA      | $58859.71     | 0.02%             | 2030-01-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2                                   | GINNIE MAE II POOL G2 MA5135                                                      | CUSIP: 36179TV44<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    139552 | PA      | $127852.56    | 0.05%             | 2048-04-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CORPORATION                                            | CAPITAL ONE FINANCIAL CORP 7.624000% 10/30/2031                                   | CUSIP: 14040HDC6<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |    240000 | PA      | $271573.75    | 0.11%             | 2031-10-30      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| CHENIERE ENERGY PARTNERS, L.P.                                               | CHENIERE ENERGY PARTNERS LP 4.000000% 03/01/2031                                  | CUSIP: 16411QAK7<br>LEI: 5493005UEC8AZ34LDV29 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9714.76      | 0.00%             | 2031-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COMCAST CORPORATION                                                          | COMCAST CORP 4.150000% 10/15/2028                                                 | CUSIP: 20030NCT6<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |     40000 | PA      | $40211.94     | 0.02%             | 2028-10-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| CIFC FUNDING LTD                                                             | CIFC FUNDING 2021-I LTD CIFC 2021-1A A1R                                          | CUSIP: 12563EAN3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $250388.50    | 0.10%             | 2037-07-25      | Floating      | 5.28%                 | Yes           |                  2 | On Loan: No      |
| INTEL CORPORATION                                                            | INTEL CORP 3.250000% 11/15/2049                                                   | CUSIP: 458140BJ8<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |     85000 | PA      | $55939.66     | 0.02%             | 2049-11-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| SNAP INC.                                                                    | SNAP INC 144A 6.875000% 03/01/2033                                                | CUSIP: 83304AAL0<br>LEI: 549300JNC0L6VP8A2Q35 | Long             | DBT              | CORP              | US        |     30000 | PA      | $30904.05     | 0.01%             | 2033-03-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| OCP CLO LTD                                                                  | OCP CLO 2015-10 LTD OCP 2015-10A AR3                                              | CUSIP: 67092DBD0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    560000 | PA      | $560390.88    | 0.23%             | 2038-01-26      | Floating      | 5.17%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN BM5019                                                         | CUSIP: 3140J9SH5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    302892 | PA      | $296065.67    | 0.12%             | 2047-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SMALL BUSINESS ADMINISTRATION GTD                                            | UNITED STATES SMALL BUSINESS ADMINISTRATION SBAP 2018-20B 1                       | CUSIP: 83162CZF3<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    193921 | PA      | $183891.08    | 0.07%             | 2038-02-01      | Fixed         | 3.22%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC POOL FR RB0714                                                        | CUSIP: 3133KTYK0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     72008 | PA      | $63326.06     | 0.03%             | 2041-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| VIRGINIA POWER FUEL SECURITIZATION, LLC                                      | VIRGINIA POWER FUEL SECURITIZATION LLC 4.877000% 05/01/2031                       | CUSIP: 92808VAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    389000 | PA      | $399388.52    | 0.16%             | 2031-05-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC POOL FR QB5443                                                        | CUSIP: 3133ACBL1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    224257 | PA      | $193375.78    | 0.08%             | 2050-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN CB2857                                                         | CUSIP: 3140QNE73<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    239087 | PA      | $206811.19    | 0.08%             | 2052-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| OBX TRUST                                                                    | OBX 2023-NQM7 TRUST OBX 2023-NQM7 A1                                              | CUSIP: 67117XAA4<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    129021 | PA      | $130557.02    | 0.05%             | 2063-04-25      | Fixed         | 6.84%                 | Yes           |                  2 | On Loan: No      |
| VEOLIA ENVIRONNEMENT SA                                                      | VEOLIA ENVIRONNEMENT SA 2.500000% MATURITY: PERPETUAL                             | CUSIP: N/A<br>LEI: 969500LENY69X51OOT31       | Long             | DBT              | NUSS              | FR        |    100000 | PA      | $111306.16    | 0.04%             | 2174-04-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN FM3645                                                         | CUSIP: 3140X7BP3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     90680 | PA      | $88518.63     | 0.04%             | 2049-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PRPM LLC                                                                     | PRPM 2025-RCF3 LLC PRPM 2025-RCF3 A2                                              | CUSIP: 69392PAB1<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    385000 | PA      | $387002.89    | 0.16%             | 2055-07-25      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| GULFSTREAM NATURAL GAS SYSTEM, L.L.C.                                        | GULFSTREAM NATURAL GAS SYSTEM LLC 144A 5.600000% 07/23/2035                       | CUSIP: 402740AG9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    592000 | PA      | $610073.30    | 0.25%             | 2035-07-23      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| SMALL BUSINESS ADMINISTRATION GTD                                            | UNITED STATES SMALL BUSINESS ADMINISTRATION SBAP 2018-20A 1                       | CUSIP: 83162CZC0<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    127617 | PA      | $121399.70    | 0.05%             | 2038-01-01      | Fixed         | 2.92%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN FS1248                                                         | CUSIP: 3140XGL64<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     67796 | PA      | $62938.85     | 0.03%             | 2047-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC POOL FR SD1100                                                        | CUSIP: 3132DNGH0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    567887 | PA      | $491736.43    | 0.20%             | 2052-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ALTICE FRANCE SAS                                                            | ALTICE FRANCE SAS SR GLBL 144A 29                                                 | CUSIP: 02156LAA9<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | NUSS              | FR        |      2088 | PA      | $2142.94      | 0.00%             | 2029-11-01      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| FIRSTKEY HOMES TRUST                                                         | FIRSTKEY HOMES 2021-SFR3 TRUST FKH 2021-SFR3 A                                    | CUSIP: 33768JAA9<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    254113 | PA      | $248329.59    | 0.10%             | 2038-12-17      | Fixed         | 2.13%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN FS6214                                                         | CUSIP: 3140XM3Y0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    454592 | PA      | $468092.34    | 0.19%             | 2053-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ENTERGY CORPORATION                                                          | ENTERGY CORP 6.100000% 06/15/2056                                                 | CUSIP: 29364GAS2<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | DBT              | CORP              | US        |    145000 | PA      | $145862.56    | 0.06%             | 2056-06-15      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| SEQUOIA MORTGAGE TRUST                                                       | SEQUOIA MORTGAGE TRUST 2025-4 SEMT 2025-4 A5                                      | CUSIP: 81749MAE7<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    268684 | PA      | $270294.13    | 0.11%             | 2055-04-25      | Floating      | 5.50%                 | Yes           |                  2 | On Loan: No      |
| SEQUOIA MORTGAGE TRUST                                                       | SEQUOIA MORTGAGE TRUST 2025-2 SEMT 2025-2 A5                                      | CUSIP: 816935AE0<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    277802 | PA      | $279667.68    | 0.11%             | 2055-03-25      | Floating      | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN FS5647                                                         | CUSIP: 3140XMHZ2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     82439 | PA      | $84770.07     | 0.03%             | 2053-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| United States of America                                                     | US TREASURY N/B 4.000000% 05/31/2030                                              | CUSIP: 91282CNG2<br>LEI: 254900HROIFWPRGM1V77 | Long             | SN               | UST               | US        |   4434000 | PA      | $4510382.57   | 1.81%             | 2030-05-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SLAM LIMITED                                                                 | SLAM LTD SLAM 2024-1A A                                                           | CUSIP: 83100AAA0<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    212838 | PA      | $216455.04    | 0.09%             | 2049-09-15      | Fixed         | 5.33%                 | Yes           |                  2 | On Loan: No      |
| AMERICAN TOWER CORPORATION                                                   | AMERICAN TOWER CORP 2.900000% 01/15/2030                                          | CUSIP: 03027XBA7<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              | CORP              | US        |    105000 | PA      | $99360.74     | 0.04%             | 2030-01-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| CITIGROUP COMMERCIAL MORTGAGE TRUST                                          | CITIGROUP COMMERCIAL MORTGAGE TRUST 2019-C7 CGCMT 2019-C7 XA                      | CUSIP: 17328CAJ1<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    967245 | PA      | $27598.69     | 0.01%             | 2072-12-15      | Floating      | 0.94%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC POOL FR SD0499                                                        | CUSIP: 3132DMRU1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    518830 | PA      | $471052.16    | 0.19%             | 2050-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Kraft Heinz Foods Company                                                    | KRAFT HEINZ FOODS CO 4.250000% 03/01/2031                                         | CUSIP: 50077LBF2<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9919.66      | 0.00%             | 2031-03-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM CORPORATION                                             | OCCIDENTAL PETROLEUM CORP 3.200000% 08/15/2026                                    | CUSIP: 674599CR4<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |     30000 | PA      | $29765.65     | 0.01%             | 2026-08-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC GOLD POOL FG G30943                                                   | CUSIP: 3132J4HV4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     96036 | PA      | $91781.27     | 0.04%             | 2036-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BX COMMERCIAL MORTGAGE TRUST                                                 | BX COMMERCIAL MORTGAGE TRUST 2021-VOLT BX 2021-VOLT A                             | CUSIP: 05609VAA3<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    278054 | PA      | $277879.90    | 0.11%             | 2036-09-15      | Floating      | 4.77%                 | Yes           |                  2 | On Loan: No      |
| KINDER MORGAN, INC.                                                          | KINDER MORGAN INC 5.850000% 06/01/2035                                            | CUSIP: 49456BBC4<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |    103000 | PA      | $109264.00    | 0.04%             | 2035-06-01      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN FM1496                                                         | CUSIP: 3140X4UW4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     88864 | PA      | $83103.53     | 0.03%             | 2049-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CONSTELLATION BRANDS, INC.                                                   | CONSTELLATION BRANDS INC 4.350000% 05/09/2027                                     | CUSIP: 21036PBK3<br>LEI: 5493005GKEG8QCVY7037 | Long             | DBT              | CORP              | US        |     20000 | PA      | $20076.15     | 0.01%             | 2027-05-09      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                     | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2020-178 IO                          | CUSIP: 38380RFZ8<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |   1069397 | PA      | $104391.72    | 0.04%             | 2060-10-16      | Floating      | 1.42%                 | No            |                  2 | On Loan: No      |
| QUEENSLAND TREASURY CORPORATION                                              | QUEENSLAND TREASURY CORP 144A 5.250000% 08/13/2038                                | CUSIP: N/A<br>LEI: 98INKCEEHOU5YJS0HQ88       | Long             | DBT              | NUSS              | AU        |    420000 | PA      | $269518.78    | 0.11%             | 2038-08-13      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                                                  | BANK OF AMERICA CORP 3.419000% 12/20/2028                                         | CUSIP: 06051GHD4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |     42000 | PA      | $41480.01     | 0.02%             | 2028-12-20      | Fixed         | 3.42%                 | No            |                  2 | On Loan: No      |
| United States of America                                                     | US TREASURY N/B 4.875000% 08/15/2045                                              | CUSIP: 912810UN6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    731000 | PA      | $753843.75    | 0.30%             | 2045-08-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| BURLINGTON NORTHERN SANTA FE, LLC                                            | BURLINGTON NORTHERN SANTA FE LLC 2.875000% 06/15/2052                             | CUSIP: 12189LBH3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     30000 | PA      | $19281.96     | 0.01%             | 2052-06-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC POOL FR SD8204                                                        | CUSIP: 3132DWDH3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |   1048567 | PA      | $857779.21    | 0.34%             | 2052-04-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL CALCASIEU PASS, LLC                                           | VENTURE GLOBAL CALCASIEU PASS LLC 144A 3.875000% 11/01/2033                       | CUSIP: 92328MAC7<br>LEI: 549300GKHS6RS20NLH85 | Long             | DBT              | CORP              | US        |     60000 | PA      | $52531.23     | 0.02%             | 2033-11-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| COSTCO WHOLESALE CORPORATION                                                 | COSTCO WHOLESALE CORP 1.600000% 04/20/2030                                        | CUSIP: 22160KAP0<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | DBT              | CORP              | US        |     40000 | PA      | $36331.47     | 0.01%             | 2030-04-20      | Fixed         | 1.60%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN FS4223                                                         | CUSIP: 3140XKVR8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    340198 | PA      | $342459.01    | 0.14%             | 2047-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN CA2047                                                         | CUSIP: 3140Q9HZ9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     18011 | PA      | $17948.66     | 0.01%             | 2048-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FIRSTENERGY CORP.                                                            | FIRSTENERGY CORP 3.900000% 07/15/2027                                             | CUSIP: 337932AH0<br>LEI: 549300SVYJS666PQJH88 | Long             | DBT              | CORP              | US        |     90000 | PA      | $89529.21     | 0.04%             | 2027-07-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA, INC.                                                           | T-MOBILE USA INC 2.625000% 02/15/2029                                             | CUSIP: 87264ABS3<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |     40000 | PA      | $38162.15     | 0.02%             | 2029-02-15      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| SUNOCO LP                                                                    | SUNOCO LP 144A 7.875000% MATURITY: PERPETUAL                                      | CUSIP: 86765KAE9<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |     80000 | PA      | $81400.00     | 0.03%             | 2174-03-18      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN CA2199                                                         | CUSIP: 3140Q9NR0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     36267 | PA      | $36133.26     | 0.01%             | 2048-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ORACLE CORPORATION                                                           | ORACLE CORP 5.200000% 09/26/2035                                                  | CUSIP: 68389XDM4<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    430000 | PA      | $421352.79    | 0.17%             | 2035-09-26      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2                                   | GINNIE MAE II POOL G2 MA4451                                                      | CUSIP: 36179S5L7<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     12321 | PA      | $11537.78     | 0.00%             | 2047-05-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN FM7100                                                         | CUSIP: 3140XA3J9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     94757 | PA      | $89256.90     | 0.04%             | 2050-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN BK7700                                                         | CUSIP: 3140HMRW6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     19411 | PA      | $19364.73     | 0.01%             | 2048-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Energizer Holdings, Inc.                                                     | ENERGIZER HOLDINGS INC 144A 6.000000% 09/15/2033                                  | CUSIP: 29272WAG4<br>LEI: 5493000D6NN0V57UME20 | Long             | DBT              | CORP              | US        |     60000 | PA      | $56638.90     | 0.02%             | 2033-09-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK N Y                                                                 | NEW YORK NY CITY OF NEW YORK NY                                                   | CUSIP: 64966SNK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    110000 | PA      | $118215.10    | 0.05%             | 2055-02-01      | Fixed         | 5.93%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2                                   | GINNIE MAE II POOL G2 MA5078                                                      | CUSIP: 36179TUB9<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     74910 | PA      | $72304.59     | 0.03%             | 2048-03-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN CA2472                                                         | CUSIP: 3140Q9XA6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     23590 | PA      | $22800.11     | 0.01%             | 2048-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BANK5                                                                        | BANK5 TRUST 2024-5YR6 BANK5 2024-5YR6 C                                           | CUSIP: 066043AS9<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    100000 | PA      | $104521.59    | 0.04%             | 2057-05-15      | Floating      | 7.20%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN BO8911                                                         | CUSIP: 3140K43V0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    124644 | PA      | $117943.07    | 0.05%             | 2050-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                                                  | BANK OF AMERICA CORP MTN 5.000000% 01/21/2044                                     | CUSIP: 06051GFC8<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |     20000 | PA      | $19718.53     | 0.01%             | 2044-01-21      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ELECTRICITE DE FRANCE SA                                                     | ELECTRICITE DE FRANCE SA MTN 4.750000% 06/17/2044                                 | CUSIP: N/A<br>LEI: 549300X3UK4GG3FNMO06       | Long             | DBT              | NUSS              | FR        |    100000 | PA      | $116171.54    | 0.05%             | 2044-06-17      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN CA7502                                                         | CUSIP: 3140QFKQ1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    104792 | PA      | $101344.99    | 0.04%             | 2035-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC POOL FR QA8518                                                        | CUSIP: 3133A3PB8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    115313 | PA      | $104120.28    | 0.04%             | 2050-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BX COMMERCIAL MORTGAGE TRUST                                                 | BX COMMERCIAL MORTGAGE TRUST 2024-XL5 BX 2024-XL5 A                               | CUSIP: 05612GAA1<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    364232 | PA      | $364232.34    | 0.15%             | 2041-03-15      | Floating      | 5.35%                 | Yes           |                  2 | On Loan: No      |
| WELLS FARGO COMMERCIAL MORTGAGE TRUST                                        | WELLS FARGO COMMERCIAL MORTGAGE TRUST 2016-C37 WFCM 2016-C37 A4                   | CUSIP: 95000PAD6<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    127745 | PA      | $126716.24    | 0.05%             | 2049-12-15      | Fixed         | 3.52%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2                                   | GINNIE MAE II POOL G2 AP1087                                                      | CUSIP: 36188MF46<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     48119 | PA      | $45881.10     | 0.02%             | 2045-11-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MACQUARIE GROUP LIMITED.                                                     | MACQUARIE GROUP LTD MTN 5.033000% 01/15/2030                                      | CUSIP: 55608JAP3<br>LEI: ACMHD8HWFMFUIQQ8Y590 | Long             | DBT              | NUSS              | AU        |    280000 | PA      | $286032.43    | 0.12%             | 2030-01-15      | Fixed         | 5.03%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL HOLDINGS, INC.                                        | NEXTERA ENERGY CAPITAL HOLDINGS INC 3.550000% 05/01/2027                          | CUSIP: 65339KAT7<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    292000 | PA      | $289881.13    | 0.12%             | 2027-05-01      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2                                   | GINNIE MAE II POOL 30YR TBA (DECEMBER)                                            | CUSIP: 21H0226C0<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |   1600000 | PA      | $1388309.25   | 0.56%             | 2055-12-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| NNN REIT, INC.                                                               | NNN REIT INC 4.600000% 02/15/2031                                                 | CUSIP: 637417AU0<br>LEI: 5493008JKH5SOTI0JS97 | Long             | DBT              | CORP              | US        |    320000 | PA      | $322913.24    | 0.13%             | 2031-02-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| INTEL CORPORATION                                                            | INTEL CORP 3.734000% 12/08/2047                                                   | CUSIP: 458140BG4<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |     45000 | PA      | $32905.90     | 0.01%             | 2047-12-08      | Fixed         | 3.73%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN FS2061                                                         | CUSIP: 3140XHJF5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     60936 | PA      | $58401.11     | 0.02%             | 2052-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC POOL FR SB0378                                                        | CUSIP: 3132CWM35<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    144627 | PA      | $142973.08    | 0.06%             | 2034-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC STACR REMIC TRUST                                                | FREDDIE MAC STACR REMIC TRUST 2022-DNA6 STACR 2022-DNA6 M1A                       | CUSIP: 35564KH36<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     24725 | PA      | $24849.05     | 0.01%             | 2042-09-25      | Floating      | 6.22%                 | No            |                  2 | On Loan: No      |
| SEQUOIA MORTGAGE TRUST                                                       | SEQUOIA MORTGAGE TRUST 2024-7 SEMT 2024-7 A11                                     | CUSIP: 81748EAL0<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |     96857 | PA      | $97112.99     | 0.04%             | 2054-08-25      | Floating      | 6.00%                 | Yes           |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CORPORATION                                            | CAPITAL ONE FINANCIAL CORP 6.312000% 06/08/2029                                   | CUSIP: 14040HCZ6<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |    311000 | PA      | $326562.96    | 0.13%             | 2029-06-08      | Fixed         | 6.31%                 | No            |                  2 | On Loan: No      |
| BX TRUST                                                                     | BX TRUST 2025-VLT6 BX 2025-VLT6 A                                                 | CUSIP: 12433KAA5<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    329000 | PA      | $327973.13    | 0.13%             | 2042-03-15      | Floating      | 5.48%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN FM8216                                                         | CUSIP: 3140XCDW5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    279329 | PA      | $270451.48    | 0.11%             | 2048-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| THE SOUTHERN COMPANY                                                         | SOUTHERN CO/THE 3.750000% 09/15/2051                                              | CUSIP: 842587DJ3<br>LEI: 549300FC3G3YU2FBZD92 | Long             | DBT              | CORP              | US        |    120000 | PA      | $118433.18    | 0.05%             | 2051-09-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC POOL FR QB3535                                                        | CUSIP: 3133A94U6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    127964 | PA      | $104747.35    | 0.04%             | 2050-09-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN FM4622                                                         | CUSIP: 3140X8D46<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    184710 | PA      | $167812.55    | 0.07%             | 2050-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2                                   | GINNIE MAE II POOL G2 MA5019                                                      | CUSIP: 36179TSG1<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     10552 | PA      | $9852.98      | 0.00%             | 2048-02-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN FS5625                                                         | CUSIP: 3140XMHB5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    427359 | PA      | $432654.35    | 0.17%             | 2053-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| United States of America                                                     | US TREASURY N/B 2.250000% 02/15/2052                                              | CUSIP: 912810TD0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    116000 | PA      | $72685.78     | 0.03%             | 2052-02-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| ALLIANT ENERGY CORPORATION                                                   | ALLIANT ENERGY CORP 5.750000% 04/01/2056                                          | CUSIP: 018802AF5<br>LEI: 5493009ML300G373MZ12 | Long             | DBT              | CORP              | US        |     95000 | PA      | $94649.60     | 0.04%             | 2056-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| NYC TRUST                                                                    | NYCT TRUST 2024-3ELV NYCT 2024-3ELV A                                             | CUSIP: 62956HAA4<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    100000 | PA      | $100331.92    | 0.04%             | 2029-08-15      | Floating      | 5.95%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN FS7948                                                         | CUSIP: 3140XPZN2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    562608 | PA      | $489334.06    | 0.20%             | 2052-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| LOWE'S COMPANIES, INC.                                                       | LOWE'S COS INC 3.700000% 04/15/2046                                               | CUSIP: 548661DN4<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |     96000 | PA      | $73606.67     | 0.03%             | 2046-04-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN MA2868                                                         | CUSIP: 31418CFJ8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    164515 | PA      | $159128.77    | 0.06%             | 2032-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2                                   | GINNIE MAE II POOL G2 MA6413                                                      | CUSIP: 36179VDS6<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     14068 | PA      | $14316.86     | 0.01%             | 2050-01-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OCTAGON INVESTMENT PARTNERS, LTD.                                            | OCTAGON INVESTMENT PARTNERS 40 LTD OCT40 2019-1A BRR                              | CUSIP: 67592BBC1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    290000 | PA      | $289709.71    | 0.12%             | 2035-01-20      | Floating      | 5.43%                 | Yes           |                  2 | On Loan: No      |
| DOMINO'S PIZZA MASTER ISSUER LLC                                             | DOMINO'S PIZZA MASTER ISSUER LLC DPABS 2025-1A A2II                               | CUSIP: 25755TAR1<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    380000 | PA      | $383051.10    | 0.15%             | 2055-07-25      | Fixed         | 5.22%                 | Yes           |                  2 | On Loan: No      |
| Government National Mortgage Association 2                                   | GINNIE MAE II POOL G2 MA7880                                                      | CUSIP: 36179WXH6<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    591184 | PA      | $492820.84    | 0.20%             | 2052-02-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2                                   | GINNIE MAE II POOL G2 MA6287                                                      | CUSIP: 36179U6Y3<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     13123 | PA      | $13356.50     | 0.01%             | 2049-11-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| United States of America                                                     | US TREASURY N/B 4.125000% 08/15/2053                                              | CUSIP: 912810TT5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    404000 | PA      | $368413.28    | 0.15%             | 2053-08-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| INTEL CORPORATION                                                            | INTEL CORP 5.700000% 02/10/2053                                                   | CUSIP: 458140CJ7<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |     25000 | PA      | $23965.03     | 0.01%             | 2053-02-10      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| AON NORTH AMERICA, INC.                                                      | AON NORTH AMERICA INC 5.450000% 03/01/2034                                        | CUSIP: 03740MAD2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    110000 | PA      | $115037.49    | 0.05%             | 2034-03-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| EXELON CORPORATION                                                           | EXELON CORP 5.625000% 06/15/2035                                                  | CUSIP: 30161NAC5<br>LEI: 3SOUA6IRML7435B56G12 | Long             | DBT              | CORP              | US        |     60000 | PA      | $63197.27     | 0.03%             | 2035-06-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2                                   | GINNIE MAE II POOL G2 AX3815                                                      | CUSIP: 36196FGY4<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     86180 | PA      | $80110.73     | 0.03%             | 2047-01-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| VT TOPCO, INC.                                                               | VT TOPCO INC 144A 8.500000% 08/15/2030                                            | CUSIP: 91838PAA9<br>LEI: 5493007T812R37X02Y38 | Long             | DBT              | CORP              | US        |     15000 | PA      | $15620.85     | 0.01%             | 2030-08-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2                                   | GINNIE MAE II POOL G2 MA6997                                                      | CUSIP: 36179VX21<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     67067 | PA      | $62062.00     | 0.02%             | 2050-11-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| KODIAK GAS SERVICES, LLC                                                     | KODIAK GAS SERVICES LLC 144A 6.500000% 10/01/2033                                 | CUSIP: 50012LAD6<br>LEI: 549300ZQBRWEUOVOM131 | Long             | DBT              | CORP              | US        |     55000 | PA      | $56102.97     | 0.02%             | 2033-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| NEW RESIDENTIAL MORTGAGE LOAN TRUST                                          | NEW RESIDENTIAL MORTGAGE LOAN TRUST 2019-NQM4 NRZT 2019-NQM4 A1                   | CUSIP: 64828EAA3<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    106493 | PA      | $102520.32    | 0.04%             | 2059-09-25      | Floating      | 2.49%                 | No            |                  2 | On Loan: No      |
| TIME WARNER CABLE, LLC                                                       | TIME WARNER CABLE LLC 6.550000% 05/01/2037                                        | CUSIP: 88732JAJ7<br>LEI: 549300U5NFR7S6E3GM41 | Long             | DBT              | CORP              | US        |     10000 | PA      | $10222.71     | 0.00%             | 2037-05-01      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| THE MICHAELS COMPANIES, INC.                                                 | MICHAELS COS INC/THE 144A 5.250000% 05/01/2028                                    | CUSIP: 55916AAA2<br>LEI: 549300H9LWMBP7HYLR98 | Long             | DBT              | CORP              | US        |    122000 | PA      | $114956.72    | 0.05%             | 2028-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC GOLD POOL FG Q31008                                                   | CUSIP: 3132QMDN8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     26196 | PA      | $25529.08     | 0.01%             | 2045-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| VERISK ANALYTICS, INC.                                                       | VERISK ANALYTICS INC 3.625000% 05/15/2050                                         | CUSIP: 92345YAG1<br>LEI: 549300I1YSWNIRKBWP67 | Long             | DBT              | CORP              | US        |    142000 | PA      | $104067.34    | 0.04%             | 2050-05-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| FWDP 2Y RTP 3.62 3/31/26                                                     | FWDP 2Y RTP 3.62 3/31/26 EXPIRATION: 3/31/2026                                    | CUSIP: SWP121BD8<br>LEI: N/A                  | N/A              | DIR              |  | US        |   5380000 | NC      | $1620.26      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| SHIFT4 PAYMENTS, LLC                                                         | SHIFT4 PAYMENTS LLC / SHIFT4 PAYMENTS FINANCE SUB 6.750000% 08/15/2032            | CUSIP: 82453AAB3<br>LEI: 254900GTEMR7L40VPI74 | Long             | DBT              | CORP              | US        |     40000 | PA      | $41576.48     | 0.02%             | 2032-08-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2                                   | GINNIE MAE II POOL G2 MA5817                                                      | CUSIP: 36179UPA4<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     25455 | PA      | $24496.66     | 0.01%             | 2049-03-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN BR5566                                                         | CUSIP: 3140L4FG9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     69309 | PA      | $57290.71     | 0.02%             | 2051-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| FIRSTENERGY CORP.                                                            | FIRSTENERGY CORP 4.850000% 07/15/2047                                             | CUSIP: 337932AJ6<br>LEI: 549300SVYJS666PQJH88 | Long             | DBT              | CORP              | US        |    120000 | PA      | $106489.57    | 0.04%             | 2047-07-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| EURO-BUND FUTURE  DEC25                                                      | EURO-BUND FUTURE  DEC25 FINANCIAL COMMODITY FUTURE.                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | DE        |        -3 | NC      | $-448715.28   | -0.18%            |  |  |  | No            |                  1 | On Loan: No      |
| CHEVRON CORPORATION                                                          | CHEVRON CORP 2.954000% 05/16/2026                                                 | CUSIP: 166764BL3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     30000 | PA      | $29867.31     | 0.01%             | 2026-05-16      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| BALL CORPORATION                                                             | BALL CORP 3.125000% 09/15/2031                                                    | CUSIP: 058498AX4<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | DBT              | CORP              | US        |     30000 | PA      | $27539.78     | 0.01%             | 2031-09-15      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| OPAL BIDCO SAS                                                               | OPAL BIDCO SAS 144A 6.500000% 03/31/2032                                          | CUSIP: 68348BAA1<br>LEI: 969500R96XT7XY2UJ564 | Long             | DBT              | NUSS              | FR        |     25000 | PA      | $25770.40     | 0.01%             | 2032-03-31      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN FS1866                                                         | CUSIP: 3140XHCC9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     80737 | PA      | $74958.95     | 0.03%             | 2052-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN BN1623                                                         | CUSIP: 3140JHYV9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     20095 | PA      | $20021.05     | 0.01%             | 2048-11-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CD COMMERCIAL MORTGAGE PASS THROUGH CERTIFICATES                             | CD 2017-CD5 MORTGAGE TRUST CD 2017-CD5 A4                                         | CUSIP: 12515HAZ8<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    180000 | PA      | $177155.80    | 0.07%             | 2050-08-15      | Fixed         | 3.43%                 | No            |                  2 | On Loan: No      |
| THE PNC FINANCIAL SERVICES GROUP, INC.                                       | PNC FINANCIAL SERVICES GROUP INC/THE 5.354000% 12/02/2028                         | CUSIP: 693475BK0<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |    470000 | PA      | $481640.92    | 0.19%             | 2028-12-02      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| THE PNC FINANCIAL SERVICES GROUP, INC.                                       | PNC FINANCIAL SERVICES GROUP INC/THE 5.676000% 01/22/2035                         | CUSIP: 693475BW4<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |    247000 | PA      | $261587.87    | 0.11%             | 2035-01-22      | Fixed         | 5.68%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC.                                                               | CITIGROUP INC 4.125000% 07/25/2028                                                | CUSIP: 172967KU4<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |     90000 | PA      | $90020.80     | 0.04%             | 2028-07-25      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| GLOBAL CONTAINER INTERNATIONAL                                               | GCI FUNDING I LLC GCI 2021-1 A                                                    | CUSIP: 36166VAE5<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    274905 | PA      | $257307.10    | 0.10%             | 2046-06-18      | Fixed         | 2.38%                 | Yes           |                  2 | On Loan: No      |
| U.S. DOLLARS                                                                 | FX Forward Contract: USD/EUR SETTLE 2026-01-09                                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $-725.40      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM CORPORATION                                             | OCCIDENTAL PETROLEUM CORP ZERO COUPON 10/10/2036                                  | CUSIP: 674599DG7<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    665000 | PA      | $400609.90    | 0.16%             | 2036-10-10      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN AL4597                                                         | CUSIP: 3138EMDB4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     37000 | PA      | $36344.63     | 0.01%             | 2044-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY BANK OF AMERICA MERRILL LYNCH TRUST                           | MORGAN STANLEY BANK OF AMERICA MERRILL LYNCH TRUST MSBAM 2016-C32 ASB             | CUSIP: 61691GAQ3<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |     64478 | PA      | $64144.66     | 0.03%             | 2049-12-15      | Fixed         | 3.51%                 | No            |                  2 | On Loan: No      |
| AMSR TRUST                                                                   | AMSR 2023-SFR1 TRUST AMSR 2023-SFR1 A                                             | CUSIP: 66981XAA9<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    410000 | PA      | $407042.22    | 0.16%             | 2040-04-17      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| MORGAN STANLEY CAPITAL I TRUST                                               | MORGAN STANLEY CAPITAL I TRUST 2019-L3 MSC 2019-L3 A3                             | CUSIP: 61691UBD0<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    642851 | PA      | $616732.20    | 0.25%             | 2052-11-15      | Fixed         | 2.87%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN CB6899                                                         | CUSIP: 3140QSUZ2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    433287 | PA      | $439747.12    | 0.18%             | 2053-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GRAND CANYON UNIVERSITY                                                      | GRAND CANYON UNIVERSITY 5.125000% 10/01/2028                                      | CUSIP: 38528UAE6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     15000 | PA      | $14835.00     | 0.01%             | 2028-10-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE OR FREDDIE MAC 30YR TBA (DECEMBER)                                     | CUSIP: 01F0426C2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    625000 | PA      | $611781.05    | 0.25%             | 2055-12-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC.                                                               | CITIGROUP INC 4.450000% 09/29/2027                                                | CUSIP: 172967KA8<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |     70000 | PA      | $70343.33     | 0.03%             | 2027-09-29      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| N/A                                                                          | SEI DAILY INCOME TRUST GOVERNMENT FUND (#36)                                      | CUSIP: 783965593<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   1699948 | NS      | $1699947.55   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| SWITCH ABS ISSUER LLC                                                        | SWITCH ABS ISSUER LLC SWTCH 2024-1A A2                                            | CUSIP: 871044AA1<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    300000 | PA      | $303536.64    | 0.12%             | 2054-03-25      | Fixed         | 6.28%                 | Yes           |                  2 | On Loan: No      |
| United States of America                                                     | US TREASURY N/B 3.750000% 10/31/2032                                              | CUSIP: 91282CPF2<br>LEI: 254900HROIFWPRGM1V77 | Long             | SN               | UST               | US        |   2475000 | PA      | $2469199.22   | 0.99%             | 2032-10-31      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN FS2023                                                         | CUSIP: 3140XHG92<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     79623 | PA      | $76613.09     | 0.03%             | 2052-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CONSOLIDATED EDISON COMPANY OF NEW YORK, INC.                                | CONSOLIDATED EDISON CO OF NEW YORK INC 3.350000% 04/01/2030                       | CUSIP: 209111FX6<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |     20000 | PA      | $19403.57     | 0.01%             | 2030-04-01      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN BR6523                                                         | CUSIP: 3140L5G91<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    158103 | PA      | $137770.00    | 0.06%             | 2051-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN 995243                                                         | CUSIP: 31416BS82<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     24166 | PA      | $24469.18     | 0.01%             | 2038-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| AT&T INC.                                                                    | AT&T INC 3.500000% 06/01/2041                                                     | CUSIP: 00206RJZ6<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    151000 | PA      | $120426.23    | 0.05%             | 2041-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                               | MORGAN STANLEY 5.320000% 07/19/2035                                               | CUSIP: 61747YFT7<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    420000 | PA      | $436187.47    | 0.18%             | 2035-07-19      | Fixed         | 5.32%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN FS0240                                                         | CUSIP: 3140XFHS3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     68164 | PA      | $61728.36     | 0.02%             | 2052-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| SOUTHERN COMPANY GAS CAPITAL CORPORATION                                     | SOUTHERN CO GAS CAPITAL CORP 4.950000% 09/15/2034                                 | CUSIP: 8426EPAH1<br>LEI: E8CD46SWUD2TSN8PA636 | Long             | DBT              | CORP              | US        |    515000 | PA      | $518972.14    | 0.21%             | 2034-09-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| META PLATFORMS, INC.                                                         | META PLATFORMS INC 4.875000% 11/15/2035                                           | CUSIP: 30303MAD4<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |    105000 | PA      | $106138.01    | 0.04%             | 2035-11-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| ASHTEAD CAPITAL, INC.                                                        | ASHTEAD CAPITAL INC 144A 2.450000% 08/12/2031                                     | CUSIP: 045054AP8<br>LEI: 213800J1134IW58IC398 | Long             | DBT              | CORP              | GB        |    529000 | PA      | $472446.86    | 0.19%             | 2031-08-12      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC GOLD POOL FG U99124                                                   | CUSIP: 3132H7D68<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    112951 | PA      | $108005.66    | 0.04%             | 2045-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC POOL FR SD1775                                                        | CUSIP: 3132DN6L2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     83234 | PA      | $82274.80     | 0.03%             | 2052-11-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN FS0331                                                         | CUSIP: 3140XFLM1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     71825 | PA      | $64399.63     | 0.03%             | 2052-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| APPLE INC.                                                                   | APPLE INC 3.850000% 08/04/2046                                                    | CUSIP: 037833CD0<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    156000 | PA      | $129194.11    | 0.05%             | 2046-08-04      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| EXELON CORPORATION                                                           | EXELON CORP 4.700000% 04/15/2050                                                  | CUSIP: 30161NAY7<br>LEI: 3SOUA6IRML7435B56G12 | Long             | DBT              | CORP              | US        |     69000 | PA      | $60054.50     | 0.02%             | 2050-04-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                        | WELLS FARGO & CO 5.211000% 12/03/2035                                             | CUSIP: 95000U3N1<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |     35000 | PA      | $36146.80     | 0.01%             | 2035-12-03      | Fixed         | 5.21%                 | No            |                  2 | On Loan: No      |
| ECHOSTAR CORPORATION                                                         | ECHOSTAR CORP 10.750000% 11/30/2029                                               | CUSIP: 278768AC0<br>LEI: 549300EE20907QZ9GT38 | Long             | DBT              | CORP              | US        |     17000 | PA      | $18742.50     | 0.01%             | 2029-11-30      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| United States of America                                                     | US TREASURY N/B 3.375000% 08/15/2042                                              | CUSIP: 912810TK4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    345000 | PA      | $297373.83    | 0.12%             | 2042-08-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| SFAVE COMMERCIAL MORTGAGE SECURITIES TRUST                                   | SFAVE COMMERCIAL MORTGAGE SECURITIES TRUST 2015-5A SFAVE 2015-5AVE A2B            | CUSIP: 78413MAE8<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    250000 | PA      | $217898.58    | 0.09%             | 2043-01-05      | Floating      | 4.14%                 | No            |                  2 | On Loan: No      |
| SMALL BUSINESS ADMINISTRATION GTD                                            | UNITED STATES SMALL BUSINESS ADMINISTRATION SBAP 2022-25E 1                       | CUSIP: 83162CP56<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    289866 | PA      | $278634.93    | 0.11%             | 2047-05-01      | Fixed         | 3.94%                 | No            |                  2 | On Loan: No      |
| Post Holdings, Inc.                                                          | POST HOLDINGS INC 144A 6.250000% 02/15/2032                                       | CUSIP: 737446AU8<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |    100000 | PA      | $103256.70    | 0.04%             | 2032-02-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| AUST 10Y BOND FUT DEC25                                                      | AUST 10Y BOND FUT DEC25 FINANCIAL COMMODITY FUTURE.                               | CUSIP: N/A<br>LEI: N/A                        | Short            |  |  | AU        |       -11 | NC      | $-806205.95   | -0.32%            |  |  |  | No            |                  1 | On Loan: No      |
| NATIONAL SECURITIES CLEARING CORPORATION                                     | NATIONAL SECURITIES CLEARING CORP 144A 5.000000% 05/30/2028                       | CUSIP: 637639AK1<br>LEI: 549300RYC9NELN2ICA34 | Long             | DBT              | CORP              | US        |    351000 | PA      | $360008.20    | 0.14%             | 2028-05-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| United States of America                                                     | US ULTRA BOND CBT MAR26 FINANCIAL COMMODITY FUTURE.                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |        -1 | NC      | $-120937.50   | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN CA6799                                                         | CUSIP: 3140QERV6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    103701 | PA      | $85640.24     | 0.03%             | 2050-08-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN FS2496                                                         | CUSIP: 3140XHX28<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     15603 | PA      | $15430.94     | 0.01%             | 2052-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN FS0349                                                         | CUSIP: 3140XFL74<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     76522 | PA      | $63352.24     | 0.03%             | 2052-01-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| SIMON PROPERTY GROUP, L.P.                                                   | SIMON PROPERTY GROUP LP 1.750000% 02/01/2028                                      | CUSIP: 828807DL8<br>LEI: MR92GTD0MJTTTTQDVG45 | Long             | DBT              | CORP              | US        |    501000 | PA      | $478870.69    | 0.19%             | 2028-02-01      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC POOL FR SD3171                                                        | CUSIP: 3132DQQY5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     81151 | PA      | $83209.23     | 0.03%             | 2053-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH, INC.                                                        | ELEVANCE HEALTH INC 4.550000% 05/15/2052                                          | CUSIP: 036752AU7<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |     20000 | PA      | $16843.03     | 0.01%             | 2052-05-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| State of California                                                          | CALIFORNIA ST STATE OF CALIFORNIA                                                 | CUSIP: 13063A5E0<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |    280000 | PA      | $329674.77    | 0.13%             | 2034-04-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE HOLDINGS FINANCE CO. L.L.C.                                       | BLACKSTONE HOLDINGS FINANCE CO LLC 144A 6.250000% 08/15/2042                      | CUSIP: 09256BAE7<br>LEI: 549300D2L6J4NC1QVZ22 | Long             | DBT              | CORP              | US        |    118000 | PA      | $126145.77    | 0.05%             | 2042-08-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| United States of America                                                     | US TREASURY N/B 3.625000% 08/31/2030                                              | CUSIP: 91282CNX5<br>LEI: 254900HROIFWPRGM1V77 | Long             | SN               | UST               | US        |   1538000 | PA      | $1539562.02   | 0.62%             | 2030-08-31      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| COMCAST CORPORATION                                                          | COMCAST CORP 3.150000% 03/01/2026                                                 | CUSIP: 20030NBS9<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |     20000 | PA      | $19955.77     | 0.01%             | 2026-03-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| AUST 3YR BOND FUT DEC25                                                      | AUST 3YR BOND FUT DEC25 FINANCIAL COMMODITY FUTURE.                               | CUSIP: N/A<br>LEI: N/A                        | Short            |  |  | AU        |        -1 | NC      | $-69433.86    | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| Government National Mortgage Association                                     | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2012-34 SA                           | CUSIP: 38378D2U8<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     50171 | PA      | $5216.73      | 0.00%             | 2042-03-20      | Floating      | 1.98%                 | No            |                  2 | On Loan: No      |
| J.G. WENTWORTH LLC                                                           | J.G. WENTWORTH XXXIX LLC HENDR 2017-2A B                                          | CUSIP: 46620VAB0<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    176700 | PA      | $161480.68    | 0.06%             | 2074-09-17      | Fixed         | 5.09%                 | No            |                  2 | On Loan: No      |
| Transocean International Limited                                             | TRANSOCEAN INTERNATIONAL LTD 144A 8.750000% 02/15/2030                            | CUSIP: 893830BX6<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | NUSS              | US        |      7500 | PA      | $7819.55      | 0.00%             | 2030-02-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| CSMC TRUST                                                                   | CSMC 2022-RPL4 TRUST CSMC 2022-RPL4 A1                                            | CUSIP: 12663TAA7<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    164687 | PA      | $159191.80    | 0.06%             | 2062-04-25      | Floating      | 3.90%                 | Yes           |                  2 | On Loan: No      |
| Ferguson Finance Plc                                                         | FERGUSON FINANCE PLC 144A 4.500000% 10/24/2028                                    | CUSIP: 314890AA2<br>LEI: 2138003A7ZEU931DZL61 | Long             | DBT              | NUSS              | US        |    394000 | PA      | $397728.28    | 0.16%             | 2028-10-24      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN FS1556                                                         | CUSIP: 3140XGWS4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     74752 | PA      | $70150.01     | 0.03%             | 2052-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| PIONEER NATURAL RESOURCES COMPANY                                            | PIONEER NATURAL RESOURCES CO 1.125000% 01/15/2026                                 | CUSIP: 723787AT4<br>LEI: FY8JBF7CCL2VE4F1B628 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9963.41      | 0.00%             | 2026-01-15      | Fixed         | 1.12%                 | No            |                  2 | On Loan: No      |
| SUBURBAN PROPANE PARTNERS, L.P.                                              | SUBURBAN PROPANE PARTNERS LP/SUBURBAN ENERGY FINAN 5.000000% 06/01/2031           | CUSIP: 864486AL9<br>LEI: JJAX4X60DE65EYFOTY73 | Long             | DBT              | CORP              | US        |     58000 | PA      | $55671.91     | 0.02%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| YORKSHIRE WATER FINANCE PLC                                                  | YORKSHIRE WATER FINANCE PLC MTN 6.375000% 11/18/2034                              | CUSIP: G98590AT2<br>LEI: 213800O8BDOGHJMTCP32 | Long             | DBT              | NUSS              | GB        |    100000 | PA      | $137399.14    | 0.06%             | 2034-11-18      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH, INC.                                                        | ELEVANCE HEALTH INC 5.200000% 02/15/2035                                          | CUSIP: 036752BD4<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |     20000 | PA      | $20510.42     | 0.01%             | 2035-02-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN BF0338                                                         | CUSIP: 3140FXLU4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     35544 | PA      | $34705.44     | 0.01%             | 2059-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| MODIVCARE INC.                                                               | MODIVCARE INC 144A 5.000000% 10/01/2029                                           | CUSIP: 60783XAC8<br>LEI: 549300EFZIFW7F7I0Q28 | Long             | DBT              | CORP              | US        |    126000 | PA      | $1260.00      | 0.00%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC GOLD POOL FG Z40125                                                   | CUSIP: 3132FCD69<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    109761 | PA      | $114382.89    | 0.05%             | 2035-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| United States of America                                                     | US TREASURY N/B 4.625000% 11/15/2055                                              | CUSIP: 912810UP1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  10468000 | PA      | $10392761.25  | 4.18%             | 2055-11-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                     | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2022-139 AL                          | CUSIP: 38383M3M8<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    100000 | PA      | $92569.55     | 0.04%             | 2051-07-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DISH NETWORK CORPORATION                                                     | DISH NETWORK CORP 144A 11.750000% 11/15/2027                                      | CUSIP: 25470MAG4<br>LEI: 529900U350CWHH15G169 | Long             | DBT              | CORP              | US        |     33000 | PA      | $34458.93     | 0.01%             | 2027-11-15      | Fixed         | 11.75%                | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                                                  | BANK OF AMERICA CORP MTN 4.450000% 03/03/2026                                     | CUSIP: 06051GFU8<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |     10000 | PA      | $10011.53     | 0.00%             | 2026-03-03      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORPORATION                                                       | CVS HEALTH CORP 5.125000% 07/20/2045                                              | CUSIP: 126650CN8<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |     60000 | PA      | $54955.90     | 0.02%             | 2045-07-20      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN MA4869                                                         | CUSIP: 31418EMT4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     73455 | PA      | $74726.32     | 0.03%             | 2053-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FWDP 5Y RTP 3.81 3/31/26                                                     | FWDP 5Y RTP 3.81 3/31/26 EXPIRATION: 3/31/26                                      | CUSIP: SWP121EB9<br>LEI: N/A                  | N/A              | DIR              |  | US        |   2285000 | NC      | $499.31       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN FS5215                                                         | CUSIP: 3140XLYM4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    339583 | PA      | $337939.84    | 0.14%             | 2052-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GLOBAL PARTNERS LP                                                           | GLOBAL PARTNERS LP / GLP FINANCE CORP 144A 8.250000% 01/15/2032                   | CUSIP: 37954FAK0<br>LEI: 549300PCHWTW9P4DU444 | Long             | DBT              | CORP              | US        |      5000 | PA      | $5242.59      | 0.00%             | 2032-01-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2                                   | GINNIE MAE II POOL G2 MA9240                                                      | CUSIP: 36179YHR8<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    628933 | PA      | $631010.68    | 0.25%             | 2053-10-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC POOL FR SD8264                                                        | CUSIP: 3132DWFD0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    443122 | PA      | $410524.49    | 0.17%             | 2052-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CRH AMERICA FINANCE, INC.                                                    | CRH AMERICA FINANCE INC 4.400000% 02/09/2031                                      | CUSIP: 12636YAH5<br>LEI: 549300WEVUODRJ4CWK56 | Long             | DBT              | CORP              | US        |    506000 | PA      | $507144.43    | 0.20%             | 2031-02-09      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| WHEELS FLEET LEASE FUNDING LLC                                               | WHEELS FLEET LEASE FUNDING 1 LLC WFLF 2024-2A A1                                  | CUSIP: 96328GBT3<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |         0 | PA      | $0.03         | 0.00%             | 2039-06-21      | Fixed         | 4.87%                 | Yes           |                  2 | On Loan: No      |
| BX COMMERCIAL MORTGAGE TRUST                                                 | BX COMMERCIAL MORTGAGE TRUST 2020-VIV3 BX 2020-VIV3 B                             | CUSIP: 05608EAA2<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    230000 | PA      | $217705.40    | 0.09%             | 2044-03-09      | Floating      | 3.66%                 | Yes           |                  2 | On Loan: No      |
| AMERICAN EXPRESS COMPANY                                                     | AMERICAN EXPRESS CO 5.667000% 04/25/2036                                          | CUSIP: 025816EH8<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |     55000 | PA      | $58391.10     | 0.02%             | 2036-04-25      | Fixed         | 5.67%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC POOL FR SD7560                                                        | CUSIP: 3132DVMH5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     76973 | PA      | $74549.43     | 0.03%             | 2053-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN CB0671                                                         | CUSIP: 3140QKW95<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    380306 | PA      | $331423.89    | 0.13%             | 2051-06-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| AMSR TRUST                                                                   | AMSR 2022-SFR3 TRUST AMSR 2022-SFR3 A                                             | CUSIP: 66981YAA7<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    236000 | PA      | $234817.57    | 0.09%             | 2039-10-17      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| VZ Secured Financing B.V.                                                    | VZ SECURED FINANCING BV 144A 5.000000% 01/15/2032                                 | CUSIP: 91845AAA3<br>LEI: 549300MG611MYCOWY949 | Long             | DBT              | NUSS              | NL        |     60000 | PA      | $54515.59     | 0.02%             | 2032-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| J.P. MORGAN MORTGAGE TRUST                                                   | JP MORGAN MORTGAGE TRUST SERIES 2024-4 JPMMT 2024-4 A4A                           | CUSIP: 46657WAE8<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    133310 | PA      | $134477.53    | 0.05%             | 2054-10-25      | Floating      | 6.00%                 | Yes           |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                                                  | BANK OF AMERICA CORP MTN 4.948000% 07/22/2028                                     | CUSIP: 06051GKW8<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    221000 | PA      | $224108.45    | 0.09%             | 2028-07-22      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| COX COMMUNICATIONS, INC.                                                     | COX COMMUNICATIONS INC 144A 3.350000% 09/15/2026                                  | CUSIP: 224044CG0<br>LEI: 5493001NEDZNIFRP2R92 | Long             | DBT              | CORP              | US        |    231000 | PA      | $229486.99    | 0.09%             | 2026-09-15      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY PRIVATE BANK, NATIONAL ASSOCIATION                            | MORGAN STANLEY PRIVATE BANK NA 4.734000% 07/18/2031                               | CUSIP: 61776NVG5<br>LEI: 549300GS0W0TEUQS8571 | Long             | DBT              | CORP              | US        |     90000 | PA      | $91543.56     | 0.04%             | 2031-07-18      | Fixed         | 4.73%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2                                   | GINNIE MAE II POOL G2 786134                                                      | CUSIP: 3622ABV33<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     60324 | PA      | $53809.24     | 0.02%             | 2052-04-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| NVIDIA CORPORATION                                                           | NVIDIA CORP 2.850000% 04/01/2030                                                  | CUSIP: 67066GAF1<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | DBT              | CORP              | US        |     20000 | PA      | $19170.43     | 0.01%             | 2030-04-01      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| PRUDENTIAL FUNDING (ASIA) PLC                                                | PRUDENTIAL FUNDING ASIA PLC 3.125000% 04/14/2030                                  | CUSIP: 744330AA9<br>LEI: 2549005TNASWKLR0XC37 | Long             | DBT              | NUSS              | HK        |    123000 | PA      | $118091.99    | 0.05%             | 2030-04-14      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| RCKT MORTGAGE TRUST                                                          | RCKT MORTGAGE TRUST 2024-CES6 RCKT 2024-CES6 A1A                                  | CUSIP: 749410AA4<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    181566 | PA      | $182283.61    | 0.07%             | 2044-09-25      | Fixed         | 5.34%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN FS2463                                                         | CUSIP: 3140XHWZ6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    307096 | PA      | $275998.82    | 0.11%             | 2052-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CIFC FUNDING LTD                                                             | CIFC FUNDING 2023-III LTD CIFC 2023-3A A                                          | CUSIP: 12598YAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    614000 | PA      | $614123.41    | 0.25%             | 2037-01-20      | Floating      | 5.48%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN MA4031                                                         | CUSIP: 31418DPR7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     18187 | PA      | $17996.31     | 0.01%             | 2050-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE REMICS FNR 2020-57 TA                                                  | CUSIP: 3136BBEM0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     39158 | PA      | $34996.07     | 0.01%             | 2050-04-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                        | WELLS FARGO & CO MTN 5.574000% 07/25/2029                                         | CUSIP: 95000U3E1<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |     40000 | PA      | $41456.31     | 0.02%             | 2029-07-25      | Fixed         | 5.57%                 | No            |                  2 | On Loan: No      |
| COPT DEFENSE PROPERTIES, L.P.                                                | COPT DEFENSE PROPERTIES LP 4.500000% 10/15/2030                                   | CUSIP: 12713UAA4<br>LEI: H0TWO5VRNEP6CQAWPX27 | Long             | DBT              | CORP              | US        |    381000 | PA      | $379454.00    | 0.15%             | 2030-10-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FWDP 2Y RTP 3.67 1/30/26                                                     | FWDP 2Y RTP 3.67 1/30/26 EXPIRATION: 1/30/2026                                    | CUSIP: SWP121GU5<br>LEI: N/A                  | N/A              | DIR              |  | US        |   5380000 | NC      | $520.85       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CVS HEALTH CORPORATION                                                       | CVS HEALTH CORP 2.125000% 09/15/2031                                              | CUSIP: 126650DR8<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |     30000 | PA      | $26385.79     | 0.01%             | 2031-09-15      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN CA2482                                                         | CUSIP: 3140Q9XL2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     17749 | PA      | $17712.12     | 0.01%             | 2048-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| EDGECONNEX DATA CENTERS ISSUER LLC                                           | EDGECONNEX DATA CENTERS ISSUER LLC EDGE 2024-1 A2                                 | CUSIP: 28000XAB4<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    194861 | PA      | $197614.44    | 0.08%             | 2054-07-27      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| ACRA TRUST                                                                   | ACRA TRUST 2024-NQM1 ACRA 2024-NQM1 A1                                            | CUSIP: 00112EAA2<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    389713 | PA      | $391812.53    | 0.16%             | 2064-10-25      | Fixed         | 5.61%                 | Yes           |                  2 | On Loan: No      |
| COSTCO WHOLESALE CORPORATION                                                 | COSTCO WHOLESALE CORP 1.375000% 06/20/2027                                        | CUSIP: 22160KAN5<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | DBT              | CORP              | US        |     70000 | PA      | $67647.72     | 0.03%             | 2027-06-20      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| PALMER SQUARE CLO                                                            | PALMER SQUARE CLO 2022-4 LTD PLMRS 2022-4A A1R                                    | CUSIP: 69700XAN5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    284000 | PA      | $284186.59    | 0.11%             | 2037-10-20      | Floating      | 5.23%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC POOL FR SC0384                                                        | CUSIP: 3132D9M92<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     79821 | PA      | $70594.27     | 0.03%             | 2042-04-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE OR FREDDIE MAC 30YR TBA (DECEMBER)                                     | CUSIP: 01F0306C7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    700000 | PA      | $621610.56    | 0.25%             | 2055-12-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE OR FREDDIE MAC 30YR TBA (DECEMBER)                                     | CUSIP: 01F0506C5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    525000 | PA      | $523884.85    | 0.21%             | 2055-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS INC.                                                  | VERIZON COMMUNICATIONS INC 4.780000% 02/15/2035                                   | CUSIP: 92343VGY4<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    272000 | PA      | $269834.84    | 0.11%             | 2035-02-15      | Fixed         | 4.78%                 | No            |                  2 | On Loan: No      |
| FWDP 5Y RTP 3.81 2/27/26                                                     | FWDP 5Y RTP 3.81 2/27/26 EXPIRATION: 2/27/26                                      | CUSIP: SWP121DQ7<br>LEI: N/A                  | N/A              | DIR              |  | US        |   2285000 | NC      | $227.27       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| SMALL BUSINESS ADMINISTRATION GTD                                            | UNITED STATES SMALL BUSINESS ADMINISTRATION SBAP 2017-20H 1                       | CUSIP: 83162CYU1<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    121929 | PA      | $115085.64    | 0.05%             | 2037-08-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN BQ4840                                                         | CUSIP: 3140KQLW9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     67312 | PA      | $60894.90     | 0.02%             | 2050-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC POOL FR RA5731                                                        | CUSIP: 3133KMLL7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     72603 | PA      | $59596.96     | 0.02%             | 2051-08-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| SMALL BUSINESS ADMINISTRATION GTD                                            | UNITED STATES SMALL BUSINESS ADMINISTRATION SBAP 2011-20H 1                       | CUSIP: 83162CUE1<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |     42091 | PA      | $41193.68     | 0.02%             | 2031-08-01      | Fixed         | 3.29%                 | No            |                  2 | On Loan: No      |
| SMALL BUSINESS INVESTMENT COMPANIES                                          | SBA SMALL BUSINESS INVESTMENT COS SBIC 2025-10B 1                                 | CUSIP: 831641GA7<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    635000 | PA      | $637403.54    | 0.26%             | 2035-09-10      | Fixed         | 4.53%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN FM9464                                                         | CUSIP: 3140XDQS8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     64937 | PA      | $58698.48     | 0.02%             | 2051-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC GOLD POOL FG U99126                                                   | CUSIP: 3132H7D84<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     81652 | PA      | $75891.17     | 0.03%             | 2043-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC.                                                                | BROADCOM INC 144A 4.926000% 05/15/2037                                            | CUSIP: 11135FBV2<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |     20000 | PA      | $20101.47     | 0.01%             | 2037-05-15      | Fixed         | 4.93%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2                                   | GINNIE MAE II POOL G2 MA8044                                                      | CUSIP: 36179W5D6<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    826473 | PA      | $766701.79    | 0.31%             | 2052-05-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| MOLINA HEALTHCARE, INC.                                                      | MOLINA HEALTHCARE INC 144A 6.250000% 01/15/2033                                   | CUSIP: 60855RAM2<br>LEI: 549300NQQCEQ46YHZ591 | Long             | DBT              | CORP              | US        |     50000 | PA      | $50113.35     | 0.02%             | 2033-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| REALTY INCOME CORPORATION                                                    | REALTY INCOME CORP 5.125000% 04/15/2035                                           | CUSIP: 756109CT9<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              | CORP              | US        |     70000 | PA      | $71632.95     | 0.03%             | 2035-04-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| DTE ELECTRIC SECURITIZATION FUNDING I LLC                                    | DTE ELECTRIC SECURITIZATION FUNDING I LLC 2.640000% 12/01/2026                    | CUSIP: 23345GAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    101611 | PA      | $99671.28     | 0.04%             | 2026-12-01      | Fixed         | 2.64%                 | No            |                  2 | On Loan: No      |
| CENTENE CORPORATION                                                          | CENTENE CORP 2.500000% 03/01/2031                                                 | CUSIP: 15135BAX9<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |    250000 | PA      | $215535.63    | 0.09%             | 2031-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ELECTRICITE DE FRANCE SA                                                     | ELECTRICITE DE FRANCE SA MTN 2.000000% 12/09/2049                                 | CUSIP: N/A<br>LEI: 549300X3UK4GG3FNMO06       | Long             | DBT              | NUSS              | FR        |    100000 | PA      | $69382.81     | 0.03%             | 2049-12-09      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| ZAYO GROUP HOLDINGS, INC.                                                    | ZAYO GROUP HOLDINGS INC 144A 9.250000% 03/09/2030                                 | CUSIP: 98919VAC9<br>LEI: 529900Z6OTS7RT0V0I47 | Long             | DBT              | CORP              | US        |     41809 | PA      | $38522.81     | 0.02%             | 2030-03-09      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| AMERICAN TRANSMISSION SYSTEMS, INCORPORATED                                  | AMERICAN TRANSMISSION SYSTEMS INC 144A 2.650000% 01/15/2032                       | CUSIP: 030288AC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     30000 | PA      | $27127.02     | 0.01%             | 2032-01-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORPORATION                                                       | CVS HEALTH CORP 3.625000% 04/01/2027                                              | CUSIP: 126650DH0<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |     30000 | PA      | $29792.05     | 0.01%             | 2027-04-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC POOL FR SC0206                                                        | CUSIP: 3132D9GP3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     67063 | PA      | $59061.03     | 0.02%             | 2041-11-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC SEASONED CREDIT RISK TRANSFER TRUST                              | FREDDIE MAC SEASONED CREDIT RISK TRANSFER TRUST SE SCRT 2018-4 MA                 | CUSIP: 35563PHF9<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     71360 | PA      | $69739.29     | 0.03%             | 2058-03-25      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE OR FREDDIE MAC 30YR TBA (DECEMBER)                                     | CUSIP: 01F0406C6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    650000 | PA      | $619018.20    | 0.25%             | 2055-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| United States of America                                                     | US TREASURY N/B 2.000000% 08/15/2051                                              | CUSIP: 912810SZ2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    236000 | PA      | $139783.91    | 0.06%             | 2051-08-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES PARTNERS LP                                                  | TARGA RESOURCES PARTNERS LP / TARGA RESOURCES PART 4.875000% 02/01/2031           | CUSIP: 87612BBS0<br>LEI: 6OQWTZ1SPC04IFT4T704 | Long             | DBT              | CORP              | US        |     50000 | PA      | $50237.74     | 0.02%             | 2031-02-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2                                   | GINNIE MAE II POOL 30YR TBA (DECEMBER)                                            | CUSIP: 21H0326C9<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |   2075000 | PA      | $1901948.24   | 0.76%             | 2055-12-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| GMF FLOORPLAN OWNER REVOLVING TRUST                                          | GMF FLOORPLAN OWNER REVOLVING TRUST GFORT 2024-2A A                               | CUSIP: 361886DF8<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    537000 | PA      | $554684.43    | 0.22%             | 2031-03-15      | Fixed         | 5.06%                 | Yes           |                  2 | On Loan: No      |
| United States of America                                                     | WI TREASURY SEC. 3.750000% 11/30/2032                                             | CUSIP: 91282CPM7<br>LEI: 254900HROIFWPRGM1V77 | Long             | SN               | UST               | US        |    730000 | PA      | $728289.06    | 0.29%             | 2032-11-30      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC POOL FR SL1660                                                        | CUSIP: 31427NZ28<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    314898 | PA      | $309704.64    | 0.12%             | 2053-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| AIR LEASE CORPORATION                                                        | AIR LEASE CORP 5.300000% 02/01/2028                                               | CUSIP: 00914AAU6<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |     40000 | PA      | $40703.81     | 0.02%             | 2028-02-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2                                   | GINNIE MAE II POOL G2 MA5529                                                      | CUSIP: 36179UEA6<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     15431 | PA      | $15373.72     | 0.01%             | 2048-10-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SMALL BUSINESS INVESTMENT COMPANIES                                          | SBA SMALL BUSINESS INVESTMENT COS SBIC 2024-10A 1                                 | CUSIP: 831641FX8<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    505900 | PA      | $516402.72    | 0.21%             | 2034-03-10      | Fixed         | 5.04%                 | No            |                  2 | On Loan: No      |
| ORACLE CORPORATION                                                           | ORACLE CORP 3.600000% 04/01/2050                                                  | CUSIP: 68389XBX2<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |     50000 | PA      | $33074.44     | 0.01%             | 2050-04-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| CONSOLIDATED COMMUNICATIONS LLC                                              | CONSOLIDATED COMMUNICATIONS LLC/FIDIUM FIBER FINAN CNSL 2025-1A A2                | CUSIP: 209031AA1<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    110000 | PA      | $112203.98    | 0.05%             | 2055-05-20      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| FOX CORPORATION                                                              | FOX CORP 6.500000% 10/13/2033                                                     | CUSIP: 35137LAN5<br>LEI: 549300DDU6FDRBIELS05 | Long             | DBT              | CORP              | US        |     50000 | PA      | $55403.12     | 0.02%             | 2033-10-13      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2                                   | GINNIE MAE II POOL G2 MA5265                                                      | CUSIP: 36179TZ65<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     23538 | PA      | $23479.56     | 0.01%             | 2048-06-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| J. B. HUNT TRANSPORT SERVICES, INC.                                          | JB HUNT TRANSPORT SERVICES INC 4.900000% 03/15/2030                               | CUSIP: 445658CG0<br>LEI: 549300XCD1MPI1C5GK90 | Long             | DBT              | CORP              | US        |    319000 | PA      | $326163.16    | 0.13%             | 2030-03-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                            | HSBC HOLDINGS PLC 5.130000% 03/03/2031                                            | CUSIP: 404280ER6<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | NUSS              | GB        |    677000 | PA      | $695723.84    | 0.28%             | 2031-03-03      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| WENDYS FUNDING LLC                                                           | WENDY'S FUNDING LLC WEN 2019-1A A2I                                               | CUSIP: 95058XAG3<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    135003 | PA      | $134181.51    | 0.05%             | 2049-06-15      | Fixed         | 3.78%                 | No            |                  2 | On Loan: No      |
| FISERV, INC.                                                                 | FISERV INC 5.250000% 08/11/2035                                                   | CUSIP: 337738BQ0<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | DBT              | CORP              | US        |    135000 | PA      | $135447.47    | 0.05%             | 2035-08-11      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN FS3941                                                         | CUSIP: 3140XKLX6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     75422 | PA      | $75636.39     | 0.03%             | 2053-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UPBOUND GROUP, INC.                                                          | UPBOUND GROUP INC 144A 6.375000% 02/15/2029                                       | CUSIP: 76009NAL4<br>LEI: 529900QUHE15UQNCCJ63 | Long             | DBT              | CORP              | US        |     25000 | PA      | $24411.85     | 0.01%             | 2029-02-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| HOME PARTNERS OF AMERICA TRUST                                               | HOME PARTNERS OF AMERICA 2021-2 TRUST HPA 2021-2 A                                | CUSIP: 43732VAT3<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    240033 | PA      | $234325.77    | 0.09%             | 2026-12-17      | Fixed         | 1.90%                 | Yes           |                  2 | On Loan: No      |
| MPLX LP                                                                      | MPLX LP 4.800000% 02/15/2029                                                      | CUSIP: 55336VAS9<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |     80000 | PA      | $81283.49     | 0.03%             | 2029-02-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN BR6524                                                         | CUSIP: 3140L5HA7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    167237 | PA      | $145590.00    | 0.06%             | 2051-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| GUARDIAN LIFE GLOBAL FUNDING                                                 | GUARDIAN LIFE GLOBAL FUNDING 144A 4.798000% 04/28/2030                            | CUSIP: 40139LBK8<br>LEI: 635400NHILJ5JEKILC36 | Long             | DBT              | CORP              | US        |    310000 | PA      | $317704.69    | 0.13%             | 2030-04-28      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC POOL FR SD2919                                                        | CUSIP: 3132DQG42<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    159500 | PA      | $163365.10    | 0.07%             | 2053-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FIRSTENERGY CORP.                                                            | FIRSTENERGY CORP 1.600000% 01/15/2026                                             | CUSIP: 337932AN7<br>LEI: 549300SVYJS666PQJH88 | Long             | DBT              | CORP              | US        |     20000 | PA      | $19917.15     | 0.01%             | 2026-01-15      | Fixed         | 1.60%                 | No            |                  2 | On Loan: No      |
| GOLUB CAPITAL PARTNERS CLO LTD                                               | GOLUB CAPITAL PARTNERS CLO 53B LTD GCBSL 2021-53A AR                              | CUSIP: 38177YAL6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    335000 | PA      | $334496.16    | 0.13%             | 2034-07-20      | Floating      | 4.86%                 | Yes           |                  2 | On Loan: No      |
| GS MORTGAGE-BACKED SECURITIES TRUST                                          | GS MORTGAGE BACKED SECURITIES TRUST 2025 CES1 GSMBS 2025-CES1 A1A                 | CUSIP: 36271RAA4<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    233095 | PA      | $234843.48    | 0.09%             | 2055-05-25      | Floating      | 5.57%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN MA4599                                                         | CUSIP: 31418EDD9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    660231 | PA      | $587816.83    | 0.24%             | 2052-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| United States of America                                                     | US TREASURY N/B 3.500000% 11/15/2028                                              | CUSIP: 91282CPK1<br>LEI: 254900HROIFWPRGM1V77 | Long             | SN               | UST               | US        |   2535000 | PA      | $2535594.15   | 1.02%             | 2028-11-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2                                   | GINNIE MAE II POOL 30YR TBA (DECEMBER)                                            | CUSIP: 21H0406C2<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    375000 | PA      | $355498.70    | 0.14%             | 2055-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| EURO-SCHATZ FUT   DEC25                                                      | EURO-SCHATZ FUT   DEC25 FINANCIAL COMMODITY FUTURE.                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | DE        |        -1 | NC      | $-124149.90   | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| Genpact Luxembourg S.a.r.l.                                                  | GENPACT LUXEMBOURG SARL/GENPACT USA INC 1.750000% 04/10/2026                      | CUSIP: 37190AAA7<br>LEI: 549300875ZJZQ1PBR343 | Long             | DBT              | NUSS              | US        |    292000 | PA      | $289353.88    | 0.12%             | 2026-04-10      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| ANGEL OAK MORTGAGE TRUST                                                     | ANGEL OAK MORTGAGE TRUST 2022-3 AOMT 2022-3 A3                                    | CUSIP: 03464TAC3<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |     87438 | PA      | $82625.46     | 0.03%             | 2067-01-25      | Floating      | 4.12%                 | Yes           |                  2 | On Loan: No      |
| CIFC FUNDING LTD                                                             | CIFC FUNDING 2014-IV-R LTD CIFC 2014-4RA A1A2                                     | CUSIP: 12552FBC6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    260000 | PA      | $259859.34    | 0.10%             | 2035-01-17      | Floating      | 4.87%                 | Yes           |                  2 | On Loan: No      |
| VOYAGER PARENT, LLC                                                          | VOYAGER PARENT LLC 144A 9.250000% 07/01/2032                                      | CUSIP: 92921EAA0<br>LEI: 2549002DYVI4ACSV4V71 | Long             | DBT              | CORP              | US        |     43000 | PA      | $45565.17     | 0.02%             | 2032-07-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| CHARTER COMMUNICATIONS OPERATING, LLC                                        | CHARTER COMMUNICATIONS OPERATING LLC / CHARTER COM 3.500000% 03/01/2042           | CUSIP: 161175CE2<br>LEI: 549300TPZNMN50BJ3745 | Long             | DBT              | CORP              | US        |     10000 | PA      | $7018.55      | 0.00%             | 2042-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ONEOK, INC.                                                                  | ONEOK INC 6.625000% 09/01/2053                                                    | CUSIP: 682680BN2<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |     40000 | PA      | $42279.32     | 0.02%             | 2053-09-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN FM3049                                                         | CUSIP: 3140X6L74<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     66183 | PA      | $64903.10     | 0.03%             | 2044-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AT&T INC.                                                                    | AT&T INC 2.550000% 12/01/2033                                                     | CUSIP: 00206RMM1<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    289000 | PA      | $247959.39    | 0.10%             | 2033-12-01      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN FM5842                                                         | CUSIP: 3140X9P41<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    255305 | PA      | $254416.30    | 0.10%             | 2048-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                     | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2022-63 LM                           | CUSIP: 38383REY9<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    100000 | PA      | $86255.38     | 0.03%             | 2050-10-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CSX Corporation                                                              | CSX CORP 3.800000% 04/15/2050                                                     | CUSIP: 126408HS5<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | DBT              | CORP              | US        |    331000 | PA      | $257280.33    | 0.10%             | 2050-04-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN MA4325                                                         | CUSIP: 31418DYX4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    145256 | PA      | $119034.31    | 0.05%             | 2051-05-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| CITIZENS AUTO RECEIVABLES TRUST                                              | CITIZENS AUTO RECEIVABLES TRUST 2024-1 CITZN 2024-1 A3                            | CUSIP: 17331QAD8<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    409105 | PA      | $411195.70    | 0.17%             | 2028-04-17      | Fixed         | 5.11%                 | Yes           |                  2 | On Loan: No      |
| Government National Mortgage Association 2                                   | GINNIE MAE II POOL G2 MA8879                                                      | CUSIP: 36179X2L9<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    148581 | PA      | $151071.99    | 0.06%             | 2053-05-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| AerCap Ireland Capital Designated Activity Company                           | AERCAP IRELAND CAPITAL DAC / AERCAP GLOBAL AVIATIO 3.000000% 10/29/2028           | CUSIP: 00774MAW5<br>LEI: 549300TI38531ODB1G63 | Long             | DBT              | NUSS              | IE        |    150000 | PA      | $145212.85    | 0.06%             | 2028-10-29      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN BO2977                                                         | CUSIP: 3140JXJX7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     75721 | PA      | $70843.68     | 0.03%             | 2049-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2                                   | GINNIE MAE II POOL G2 MA8046                                                      | CUSIP: 36179W5F1<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     74385 | PA      | $73340.14     | 0.03%             | 2052-05-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN AS5314                                                         | CUSIP: 3138WE3Y3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     21785 | PA      | $21384.25     | 0.01%             | 2045-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2                                   | GINNIE MAE II POOL G2 MA8490                                                      | CUSIP: 36179XNF9<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    229031 | PA      | $230200.64    | 0.09%             | 2052-12-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KKR GROUP FINANCE CO. VIII LLC                                               | KKR GROUP FINANCE CO VIII LLC 144A 3.500000% 08/25/2050                           | CUSIP: 48252MAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    137000 | PA      | $97723.50     | 0.04%             | 2050-08-25      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN AL9631                                                         | CUSIP: 3138ERVZ0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     29502 | PA      | $27041.08     | 0.01%             | 2046-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| AMERICAN ELECTRIC POWER COMPANY, INC.                                        | AMERICAN ELECTRIC POWER CO INC 6.050000% 03/15/2056                               | CUSIP: 02557TAF6<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |    130000 | PA      | $129976.80    | 0.05%             | 2056-03-15      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| APPLOVIN CORPORATION                                                         | APPLOVIN CORP 5.125000% 12/01/2029                                                | CUSIP: 03831WAB4<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | DBT              | CORP              | US        |    240000 | PA      | $245499.09    | 0.10%             | 2029-12-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2                                   | GINNIE MAE II POOL G2 MA8801                                                      | CUSIP: 36179XX68<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    549316 | PA      | $558091.21    | 0.22%             | 2053-04-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE HOLDINGS FINANCE CO. L.L.C.                                       | BLACKSTONE HOLDINGS FINANCE CO LLC 144A 5.000000% 06/15/2044                      | CUSIP: 09256BAG2<br>LEI: 549300D2L6J4NC1QVZ22 | Long             | DBT              | CORP              | US        |    200000 | PA      | $188168.80    | 0.08%             | 2044-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN CA7028                                                         | CUSIP: 3140QEY22<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    374395 | PA      | $325980.33    | 0.13%             | 2050-09-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE OR FREDDIE MAC 30YR TBA (DECEMBER)                                     | CUSIP: 01F0206C8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |   2825000 | PA      | $2298036.20   | 0.92%             | 2055-12-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN BW0045                                                         | CUSIP: 3140MRBP1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    297494 | PA      | $299904.36    | 0.12%             | 2052-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN FA1231                                                         | CUSIP: 3140W1LM3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    678122 | PA      | $671906.54    | 0.27%             | 2053-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC POOL FR SD7534                                                        | CUSIP: 3132DVLP8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     59844 | PA      | $52218.38     | 0.02%             | 2051-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| OBX TRUST                                                                    | OBX 2023-NQM6 TRUST OBX 2023-NQM6 A1                                              | CUSIP: 67117VAA8<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    157072 | PA      | $157914.62    | 0.06%             | 2063-07-25      | Fixed         | 6.52%                 | Yes           |                  2 | On Loan: No      |
| BLUE RACER MIDSTREAM, LLC                                                    | BLUE RACER MIDSTREAM LLC / BLUE RACER FINANCE CORP 7.250000% 07/15/2032           | CUSIP: 095796AK4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     20000 | PA      | $21265.96     | 0.01%             | 2032-07-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN AU6735                                                         | CUSIP: 3138X6PV1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     20090 | PA      | $18589.57     | 0.01%             | 2043-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN LIFE GLOBAL FUNDING I                                           | METROPOLITAN LIFE GLOBAL FUNDING I MTN 3.300000% 03/21/2029                       | CUSIP: 59217GEZ8<br>LEI: 635400MMSOCXNNNZDZ82 | Long             | DBT              | CORP              | US        |    361000 | PA      | $352451.63    | 0.14%             | 2029-03-21      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| BP CAPITAL MARKETS AMERICA INC.                                              | BP CAPITAL MARKETS AMERICA INC 3.588000% 04/14/2027                               | CUSIP: 10373QAZ3<br>LEI: 5493009NTB34VXE1T760 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9952.06      | 0.00%             | 2027-04-14      | Fixed         | 3.59%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                                                  | BANK OF AMERICA CORP 3.311000% 04/22/2042                                         | CUSIP: 06051GJW0<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    467000 | PA      | $373643.34    | 0.15%             | 2042-04-22      | Fixed         | 3.31%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN MA4579                                                         | CUSIP: 31418ECR9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    904704 | PA      | $806129.42    | 0.32%             | 2052-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2                                   | GINNIE MAE II POOL G2 MA3597                                                      | CUSIP: 36179R7J2<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     11129 | PA      | $10428.44     | 0.00%             | 2046-04-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN FS5059                                                         | CUSIP: 3140XLTR9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     79707 | PA      | $75630.59     | 0.03%             | 2048-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC POOL FR ZT1703                                                        | CUSIP: 3132AD3L0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    676595 | PA      | $656823.95    | 0.26%             | 2049-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| United States of America                                                     | US TREASURY N/B 3.000000% 08/15/2052                                              | CUSIP: 912810TJ7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1758000 | PA      | $1298722.50   | 0.52%             | 2052-08-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC POOL FR SD2922                                                        | CUSIP: 3132DQG75<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    497069 | PA      | $499787.85    | 0.20%             | 2053-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BANK                                                                         | BANK 2017-BNK8 BANK 2017-BNK8 XA                                                  | CUSIP: 06650AAF4<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |   1317935 | PA      | $12846.57     | 0.01%             | 2050-11-15      | Floating      | 0.84%                 | No            |                  2 | On Loan: No      |
| TRICON RESIDENTIAL TRUST                                                     | TRICON RESIDENTIAL 2024-SFR4 TRUST TCN 2024-SFR4 A                                | CUSIP: 895975AA8<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    401428 | PA      | $400169.45    | 0.16%             | 2041-11-17      | Fixed         | 4.30%                 | Yes           |                  2 | On Loan: No      |
| T-MOBILE USA, INC.                                                           | T-MOBILE USA INC 3.875000% 04/15/2030                                             | CUSIP: 87264ABF1<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    210000 | PA      | $206857.85    | 0.08%             | 2030-04-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| HUMANA INC.                                                                  | HUMANA INC 5.550000% 05/01/2035                                                   | CUSIP: 444859CD2<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |    155000 | PA      | $159078.96    | 0.06%             | 2035-05-01      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| INTERSTATE POWER AND LIGHT COMPANY                                           | INTERSTATE POWER AND LIGHT CO 2.300000% 06/01/2030                                | CUSIP: 461070AS3<br>LEI: EF9UQIIO4KY2BWOK3P26 | Long             | DBT              | CORP              | US        |    295000 | PA      | $271032.24    | 0.11%             | 2030-06-01      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| META PLATFORMS, INC.                                                         | META PLATFORMS INC 5.625000% 11/15/2055                                           | CUSIP: 30303MAE2<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |    315000 | PA      | $314201.99    | 0.13%             | 2055-11-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC GOLD POOL FG G07697                                                   | CUSIP: 3128M93E0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     46545 | PA      | $46723.62     | 0.02%             | 2038-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| United States of America                                                     | US TREASURY N/B 4.750000% 08/15/2055                                              | CUSIP: 912810UM8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    692000 | PA      | $700650.00    | 0.28%             | 2055-08-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN FS6467                                                         | CUSIP: 3140XNFH2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    244874 | PA      | $250475.66    | 0.10%             | 2049-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE REMICS FNR 2020-56 AQ                                                  | CUSIP: 3136BBME9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    199909 | PA      | $164129.67    | 0.07%             | 2050-08-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| BENCHMARK MORTGAGE TRUST                                                     | BENCHMARK 2020-B17 MORTGAGE TRUST BMARK 2020-B17 A2                               | CUSIP: 08162MAV0<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    211113 | PA      | $199585.15    | 0.08%             | 2053-03-15      | Fixed         | 2.21%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC POOL FR RA2797                                                        | CUSIP: 3133KJDA7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     47920 | PA      | $42645.41     | 0.02%             | 2050-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CHASE HOME LENDING MORTGAGE TRUST                                            | CHASE HOME LENDING MORTGAGE TRUST 2024-10 CHASE 2024-10 A4A                       | CUSIP: 16159YAE0<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    298019 | PA      | $299433.63    | 0.12%             | 2055-10-25      | Floating      | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN FS9508                                                         | CUSIP: 3140XRR64<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    887939 | PA      | $871919.89    | 0.35%             | 2054-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC GOLD POOL FG Q45819                                                   | CUSIP: 3132WKPD4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     35346 | PA      | $32434.84     | 0.01%             | 2047-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| LCM LTD.                                                                     | LCM 37 LTD LCM 37A A1R                                                            | CUSIP: 50204JAL1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    267718 | PA      | $267097.50    | 0.11%             | 2034-04-15      | Floating      | 4.96%                 | Yes           |                  2 | On Loan: No      |
| KKR GROUP FINANCE CO. III LLC                                                | KKR GROUP FINANCE CO III LLC 144A 5.125000% 06/01/2044                            | CUSIP: 48250AAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    215000 | PA      | $203280.20    | 0.08%             | 2044-06-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| AMERICAN ELECTRIC POWER COMPANY, INC.                                        | AMERICAN ELECTRIC POWER CO INC 5.800000% 03/15/2056                               | CUSIP: 02557TAE9<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |     50000 | PA      | $49652.89     | 0.02%             | 2056-03-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| VMED O2 UK FINANCING I PLC                                                   | VMED O2 UK FINANCING I PLC 144A 4.750000% 07/15/2031                              | CUSIP: 92858RAB6<br>LEI: 213800MRR46ECNGZ7L69 | Long             | DBT              | NUSS              | GB        |     27000 | PA      | $24914.43     | 0.01%             | 2031-07-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| United States of America                                                     | US TREASURY N/B 3.625000% 05/15/2053                                              | CUSIP: 912810TR9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3227000 | PA      | $2689124.64   | 1.08%             | 2053-05-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| GMF FLOORPLAN OWNER REVOLVING TRUST                                          | GMF FLOORPLAN OWNER REVOLVING TRUST GFORT 2023-2 A                                | CUSIP: 361886CW2<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    468000 | PA      | $483099.36    | 0.19%             | 2030-06-15      | Fixed         | 5.34%                 | Yes           |                  2 | On Loan: No      |
| CIT MORTGAGE LOAN TRUST                                                      | CIT MORTGAGE LOAN TRUST 2007-1 CITM 2007-1 1M1                                    | CUSIP: 12559QAF9<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |     76423 | PA      | $77794.52     | 0.03%             | 2037-10-25      | Floating      | 5.61%                 | No            |                  2 | On Loan: No      |
| Treasury Corporation Of Victoria                                             | TREASURY CORP OF VICTORIA MTN 2.000000% 11/20/2037                                | CUSIP: N/A<br>LEI: 549300ZJM7BQW1P9UV75       | Long             | DBT              | NUSS              | AU        |    175000 | PA      | $80062.10     | 0.03%             | 2037-11-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA, INC.                                                           | T-MOBILE USA INC 2.550000% 02/15/2031                                             | CUSIP: 87264ACB9<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |     20000 | PA      | $18323.38     | 0.01%             | 2031-02-15      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| STATE STREET CORPORATION                                                     | STATE STREET CORP 3.152000% 03/30/2031                                            | CUSIP: 857477BN2<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |     80000 | PA      | $77119.17     | 0.03%             | 2031-03-30      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| GOLDENTREE LOAN MANAGEMENT US CLO LTD                                        | GOLDENTREE LOAN MANAGEMENT US CLO 16 LTD GLM 2022-16A ARR                         | CUSIP: 38090AAQ1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |    445000 | PA      | $443988.52    | 0.18%             | 2038-01-20      | Floating      | 5.00%                 | Yes           |                  2 | On Loan: No      |
| THE GOLDMAN SACHS GROUP, INC.                                                | GOLDMAN SACHS GROUP INC/THE 5.016000% 10/23/2035                                  | CUSIP: 38141GB78<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    125000 | PA      | $126944.21    | 0.05%             | 2035-10-23      | Fixed         | 5.02%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC POOL FR RA5117                                                        | CUSIP: 3133KLVJ3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    130790 | PA      | $108544.09    | 0.04%             | 2051-05-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| TACO BELL FUNDING, LLC                                                       | TACO BELL FUNDING LLC BELL 2025-1A A2I                                            | CUSIP: 87342RAK0<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    451000 | PA      | $451725.16    | 0.18%             | 2055-08-25      | Fixed         | 4.82%                 | Yes           |                  2 | On Loan: No      |
| PROGRESS RESIDENTIAL MASTER TRUST                                            | PROGRESS RESIDENTIAL 2024-SFR5 TRUST PROG 2024-SFR5 A                             | CUSIP: 74332HAA4<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |       916 | PA      | $873.02       | 0.00%             | 2029-08-09      | Fixed         | 3.00%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN BX9419                                                         | CUSIP: 3140NEPD1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    139571 | PA      | $141012.32    | 0.06%             | 2053-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN FM8839                                                         | CUSIP: 3140XCZD3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    474872 | PA      | $396324.79    | 0.16%             | 2051-09-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| CENTERPOINT ENERGY, INC.                                                     | CENTERPOINT ENERGY INC 5.950000% 04/01/2056                                       | CUSIP: 15189TBS5<br>LEI: 21TPXMRRHFKOBHDC8J74 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101086.80    | 0.04%             | 2056-04-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| WarnerMedia Holdings, Inc.                                                   | WARNERMEDIA HOLDINGS INC 4.054000% 03/15/2029                                     | CUSIP: 55903VBY8<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |     20000 | PA      | $19399.85     | 0.01%             | 2029-03-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE REMICS FNR 2012-118 VZ                                                 | CUSIP: 3136A92R8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    104799 | PA      | $97575.24     | 0.04%             | 2042-11-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CHENIERE ENERGY PARTNERS, L.P.                                               | CHENIERE ENERGY PARTNERS LP 3.250000% 01/31/2032                                  | CUSIP: 16411QAN1<br>LEI: 5493005UEC8AZ34LDV29 | Long             | DBT              | CORP              | US        |     40000 | PA      | $36774.97     | 0.01%             | 2032-01-31      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN CA6872                                                         | CUSIP: 3140QET69<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    233658 | PA      | $221744.01    | 0.09%             | 2035-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CVS LEASE BACKED PASS THROUGH SERIES TRUST                                   | CVS PASS-THROUGH TRUST 6.036000% 12/10/2028                                       | CUSIP: 126650BP4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     85416 | PA      | $86648.58     | 0.03%             | 2028-12-10      | Fixed         | 6.04%                 | No            |                  2 | On Loan: No      |
| BX COMMERCIAL MORTGAGE TRUST                                                 | BX COMMERCIAL MORTGAGE TRUST 2024-KING BX 2024-KING E                             | CUSIP: 05612RAJ8<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    157921 | PA      | $158413.68    | 0.06%             | 2034-05-15      | Floating      | 7.72%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN BQ3136                                                         | CUSIP: 3140KNPW2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    142200 | PA      | $122488.65    | 0.05%             | 2050-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                     | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2021-188 PA                          | CUSIP: 38383CRU6<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    225681 | PA      | $188514.90    | 0.08%             | 2051-10-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| SUEZ SA                                                                      | SUEZ SACA MTN 2.875000% 05/24/2034                                                | CUSIP: N/A<br>LEI: 5493007LKZ37MXEN5D79       | Long             | DBT              | NUSS              | FR        |    100000 | PA      | $108241.28    | 0.04%             | 2034-05-24      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| INTEL CORPORATION                                                            | INTEL CORP 2.000000% 08/12/2031                                                   | CUSIP: 458140BU3<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |     65000 | PA      | $57243.52     | 0.02%             | 2031-08-12      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| FISERV, INC.                                                                 | FISERV INC 5.625000% 08/21/2033                                                   | CUSIP: 337738BH0<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | DBT              | CORP              | US        |    120000 | PA      | $124064.04    | 0.05%             | 2033-08-21      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE FLEET FINANCING LLC                                               | ENTERPRISE FLEET FINANCING 2025-2 LLC EFF 2025-2 A3                               | CUSIP: 29375TAC6<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    365000 | PA      | $368590.94    | 0.15%             | 2029-06-20      | Fixed         | 4.41%                 | Yes           |                  2 | On Loan: No      |
| LCM LTD.                                                                     | LCM 39 LTD LCM 39A A2R                                                            | CUSIP: 50204NAS7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |    300000 | PA      | $299910.30    | 0.12%             | 2034-10-15      | Floating      | 5.50%                 | Yes           |                  2 | On Loan: No      |
| CITIGROUP INC.                                                               | CITIGROUP INC 3.700000% 01/12/2026                                                | CUSIP: 172967KG5<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99956.66     | 0.04%             | 2026-01-12      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| BCPE FLAVOR DEBT MERGER SUB, LLC                                             | BCPE FLAVOR DEBT MERGER SUB LLC AND BCPE FLAVOR IS 9.500000% 07/01/2032           | CUSIP: 072933AA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     15000 | PA      | $14630.01     | 0.01%             | 2032-07-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| MADISON PARK FUNDING, LTD.                                                   | MADISON PARK FUNDING XXXVI LTD MDPK 2019-36A B1RR                                 | CUSIP: 55819PBG3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $250092.75    | 0.10%             | 2035-04-15      | Floating      | 5.45%                 | Yes           |                  2 | On Loan: No      |
| THE GOLDMAN SACHS GROUP, INC.                                                | GOLDMAN SACHS GROUP INC/THE 5.536000% 01/28/2036                                  | CUSIP: 38141GC44<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |     10000 | PA      | $10478.83     | 0.00%             | 2036-01-28      | Fixed         | 5.54%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CORPORATION                                            | CAPITAL ONE FINANCIAL CORP 4.927000% 05/10/2028                                   | CUSIP: 14040HCS2<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |     42000 | PA      | $42441.27     | 0.02%             | 2028-05-10      | Fixed         | 4.93%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN CA5969                                                         | CUSIP: 3140QDT38<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    277000 | PA      | $240998.02    | 0.10%             | 2050-06-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC POOL FR SD3897                                                        | CUSIP: 3132E0KJ0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    410095 | PA      | $422661.99    | 0.17%             | 2053-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN FS1171                                                         | CUSIP: 3140XGJR1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    105343 | PA      | $94518.96     | 0.04%             | 2052-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC GOLD POOL FG G30892                                                   | CUSIP: 3132J4GA1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     18986 | PA      | $19243.69     | 0.01%             | 2030-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS, LLC                                                            | CSC HOLDINGS LLC 144A 4.500000% 11/15/2031                                        | CUSIP: 126307BH9<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    200000 | PA      | $113077.10    | 0.05%             | 2031-11-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| United States of America                                                     | US TREASURY N/B 4.250000% 02/15/2054                                              | CUSIP: 912810TX6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    969000 | PA      | $902343.40    | 0.36%             | 2054-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO.                                                         | JPMORGAN CHASE & CO 4.493000% 03/24/2031                                          | CUSIP: 46647PBJ4<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    298000 | PA      | $301945.77    | 0.12%             | 2031-03-24      | Fixed         | 4.49%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN BM4951                                                         | CUSIP: 3140J9QD6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     15132 | PA      | $15103.31     | 0.01%             | 2048-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FERRELLGAS, L.P.                                                             | FERRELLGAS LP / FERRELLGAS FINANCE CORP 144A 9.250000% 01/15/2031                 | CUSIP: 315292AU6<br>LEI: 549300EW667UKOZLEW85 | Long             | DBT              | CORP              | US        |     82000 | PA      | $82818.11     | 0.03%             | 2031-01-15      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| SABEY DATA CENTER ISSUER, LLC                                                | SABEY DATA CENTER ISSUER LLC SDCP 2021-1 A2                                       | CUSIP: 78520EAB2<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    466000 | PA      | $456753.16    | 0.18%             | 2046-06-20      | Fixed         | 1.88%                 | Yes           |                  2 | On Loan: No      |
| UBS Group AG                                                                 | UBS GROUP AG 144A 4.194000% 04/01/2031                                            | CUSIP: 225401AP3<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | NUSS              | CH        |    250000 | PA      | $248239.35    | 0.10%             | 2031-04-01      | Fixed         | 4.19%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN BM6373                                                         | CUSIP: 3140JBCK0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     76849 | PA      | $79366.07     | 0.03%             | 2047-04-01      | Floating      | 6.47%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN CA5624                                                         | CUSIP: 3140QDHA5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    300244 | PA      | $286052.28    | 0.12%             | 2035-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| GETTY IMAGES, INC.                                                           | GETTY IMAGES INC 144A 10.500000% 11/15/2030                                       | CUSIP: 374276AR4<br>LEI: 5493005NV20IG4VEKZ40 | Long             | DBT              | CORP              | US        |     25000 | PA      | $25543.45     | 0.01%             | 2030-11-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN FM8685                                                         | CUSIP: 3140XCUK2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     64920 | PA      | $57977.32     | 0.02%             | 2051-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES PARTNERS LP                                                  | TARGA RESOURCES PARTNERS LP / TARGA RESOURCES PART 5.500000% 03/01/2030           | CUSIP: 87612BBQ4<br>LEI: 6OQWTZ1SPC04IFT4T704 | Long             | DBT              | CORP              | US        |     20000 | PA      | $20350.70     | 0.01%             | 2030-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2                                   | GINNIE MAE II POOL G2 784985                                                      | CUSIP: 3622AANA8<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     95988 | PA      | $89686.09     | 0.04%             | 2048-09-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC POOL FR SC0160                                                        | CUSIP: 3132D9E91<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     65863 | PA      | $57446.01     | 0.02%             | 2041-07-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| FORD CREDIT AUTO OWNER TRUST                                                 | FORD CREDIT AUTO OWNER TRUST 2021-REV1 FORDR 2021-1 A                             | CUSIP: 345340AA1<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    254000 | PA      | $251355.43    | 0.10%             | 2033-10-17      | Fixed         | 1.37%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                          | SEI DAILY INCOME TRUST GOVERNMENT FUND (#36)                                      | CUSIP: 783965593<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   8742679 | NS      | $8742679.02   | 3.52%             |  |  |  | No            |                  1 | On Loan: No      |
| VISA INC.                                                                    | VISA INC 2.050000% 04/15/2030                                                     | CUSIP: 92826CAM4<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | DBT              | CORP              | US        |     20000 | PA      | $18530.13     | 0.01%             | 2030-04-15      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                                                  | BANK OF AMERICA CORP MTN 2.972000% 02/04/2033                                     | CUSIP: 06051GKK4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |     15000 | PA      | $13788.34     | 0.01%             | 2033-02-04      | Fixed         | 2.97%                 | No            |                  2 | On Loan: No      |
| Estados Unidos Mexicanos                                                     | UNITED MEXICAN STATES 4.600000% 02/10/2048                                        | CUSIP: 91087BAD2<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    200000 | PA      | $156780.00    | 0.06%             | 2048-02-10      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2                                   | GINNIE MAE II POOL G2 MA8202                                                      | CUSIP: 36179XDF0<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    294720 | PA      | $296179.73    | 0.12%             | 2052-08-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SPRINT SPECTRUM CO LLC                                                       | SPRINT SPECTRUM CO LLC / SPRINT SPECTRUM CO II LLC 5.152000% 03/20/2028           | CUSIP: 85208NAE0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    167000 | PA      | $168565.06    | 0.07%             | 2028-03-20      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| GCAT TRUST                                                                   | GCAT 2025-INV2 TRUST GCAT 2025-INV2 A1                                            | CUSIP: 36173QAA5<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    400850 | PA      | $407097.15    | 0.16%             | 2055-05-25      | Floating      | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Vonovia SE                                                                   | VONOVIA SE MTN 5.717000% 09/03/2035                                               | CUSIP: N/A<br>LEI: 5299005A2ZEP6AP7KM81       | Long             | DBT              | NUSS              | DE        |     90000 | PA      | $57679.66     | 0.02%             | 2035-09-03      | Fixed         | 5.72%                 | No            |                  2 | On Loan: No      |
| COREBRIDGE GLOBAL FUNDING                                                    | COREBRIDGE GLOBAL FUNDING 144A 4.850000% 06/06/2030                               | CUSIP: 00138CBF4<br>LEI: 54930057MDZ7KOVOTV71 | Long             | DBT              | CORP              | US        |    566000 | PA      | $575322.62    | 0.23%             | 2030-06-06      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN FS2066                                                         | CUSIP: 3140XHJL2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    224613 | PA      | $216123.43    | 0.09%             | 2052-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN BF0561                                                         | CUSIP: 3140FXTT9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     75292 | PA      | $65308.85     | 0.03%             | 2061-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORPORATION                                                       | CVS HEALTH CORP 1.875000% 02/28/2031                                              | CUSIP: 126650DQ0<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |     10000 | PA      | $8794.96      | 0.00%             | 2031-02-28      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| United States of America                                                     | US 5YR NOTE (CBT) MAR26 FINANCIAL COMMODITY FUTURE.                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |         6 | NC      | $658593.75    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| KINDER MORGAN, INC.                                                          | KINDER MORGAN INC 5.200000% 03/01/2048                                            | CUSIP: 49456BAQ4<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9260.04      | 0.00%             | 2048-03-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST TWY AUTH ST PERS INCOME TAX REV                                  | NEW YORK ST THRUWAY AUTH PERSO NEW YORK STATE THRUWAY AUTHORITY                   | CUSIP: 650028C68<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $31075.13     | 0.01%             | 2059-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORPORATION                                                       | CVS HEALTH CORP 4.125000% 04/01/2040                                              | CUSIP: 126650DK3<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4323.75      | 0.00%             | 2040-04-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| FISERV, INC.                                                                 | FISERV INC 5.450000% 03/15/2034                                                   | CUSIP: 337738BL1<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | DBT              | CORP              | US        |     30000 | PA      | $30522.31     | 0.01%             | 2034-03-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN BM1972                                                         | CUSIP: 3140J6FN2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     45720 | PA      | $44402.35     | 0.02%             | 2037-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC.                                                                | BROADCOM INC 5.200000% 07/15/2035                                                 | CUSIP: 11135FCM1<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    345000 | PA      | $359259.93    | 0.14%             | 2035-07-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| FIRSTKEY HOMES TRUST                                                         | FIRSTKEY HOMES 2021-SFR1 TRUST FKH 2021-SFR1 F2                                   | CUSIP: 33767WAQ6<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    280000 | PA      | $275866.33    | 0.11%             | 2038-08-17      | Fixed         | 3.45%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN FS6158                                                         | CUSIP: 3140XMZY5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     79349 | PA      | $76064.07     | 0.03%             | 2052-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC POOL FR SB0833                                                        | CUSIP: 3132CW4S0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    291430 | PA      | $283926.43    | 0.11%             | 2034-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Compagnie des chemins de fer nationaux du Canada                             | CANADIAN NATIONAL RAILWAY CO 3.650000% 02/03/2048                                 | CUSIP: 136375CP5<br>LEI: 3SU7BEP7TH9YEQOZCS77 | Long             | DBT              | NUSS              | CA        |    151000 | PA      | $117177.52    | 0.05%             | 2048-02-03      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| AIRCASTLE LIMITED                                                            | AIRCASTLE LTD / AIRCASTLE IRELAND DAC 144A 5.000000% 09/15/2030                   | CUSIP: 00929JAC0<br>LEI: 549300PNK8AKY3OIKP58 | Long             | DBT              | NUSS              | US        |    385000 | PA      | $389462.96    | 0.16%             | 2030-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Constellation Software Inc.                                                  | CONSTELLATION SOFTWARE INC/CANADA 144A 5.461000% 02/16/2034                       | CUSIP: 21037XAD2<br>LEI: 549300B6PYHMCTDWQV29 | Long             | DBT              | NUSS              | CA        |    182000 | PA      | $184667.44    | 0.07%             | 2034-02-16      | Fixed         | 5.46%                 | No            |                  2 | On Loan: No      |
| Republica de Colombia                                                        | REPUBLIC OF COLOMBIA 5.625000% 02/26/2044                                         | CUSIP: 195325BR5<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    200000 | PA      | $162500.00    | 0.07%             | 2044-02-26      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2                                   | GINNIE MAE II POOL G2 MA8268                                                      | CUSIP: 36179XFH4<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     76586 | PA      | $75462.88     | 0.03%             | 2052-09-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| TRICON RESIDENTIAL TRUST                                                     | TRICON RESIDENTIAL 2021-SFR1 TRUST TCN 2021-SFR1 F                                | CUSIP: 89614YAG1<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    360000 | PA      | $355557.92    | 0.14%             | 2038-07-17      | Fixed         | 3.69%                 | Yes           |                  2 | On Loan: No      |
| SUBWAY FUNDING LLC                                                           | SUBWAY FUNDING LLC SUBWAY 2024-1A A2I                                             | CUSIP: 864300AA6<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    319770 | PA      | $323408.12    | 0.13%             | 2054-07-30      | Fixed         | 6.03%                 | Yes           |                  2 | On Loan: No      |
| DUKE ENERGY OHIO, INC.                                                       | DUKE ENERGY OHIO INC 3.650000% 02/01/2029                                         | CUSIP: 26442EAF7<br>LEI: L6KC0HABGHNFU1Z6QY21 | Long             | DBT              | CORP              | US        |     50000 | PA      | $49547.91     | 0.02%             | 2029-02-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2                                   | GINNIE MAE II POOL G2 MA8200                                                      | CUSIP: 36179XDD5<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     77552 | PA      | $74264.58     | 0.03%             | 2052-08-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| 280 PARK AVENUE MORTGAGE TRUST COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES | 280 PARK AVENUE 2017-280P MORTGAGE TRUST PRK 2017-280P A                          | CUSIP: 90205FAA8<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    250000 | PA      | $247988.70    | 0.10%             | 2034-09-15      | Floating      | 5.15%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN MA4701                                                         | CUSIP: 31418EGK0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    543681 | PA      | $534715.19    | 0.22%             | 2052-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BANK                                                                         | BANK 2019-BNK21 BANK 2019-BN21 XA                                                 | CUSIP: 06540BBE8<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |   3914970 | PA      | $98890.97     | 0.04%             | 2052-10-17      | Floating      | 0.95%                 | No            |                  2 | On Loan: No      |
| FRONTIER COMMUNICATIONS HOLDINGS, LLC                                        | FRONTIER COMMUNICATIONS HOLDINGS LLC 144A 8.625000% 03/15/2031                    | CUSIP: 35908MAE0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $105620.10    | 0.04%             | 2031-03-15      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| TENNESSEE GAS PIPELINE COMPANY, L.L.C.                                       | TENNESSEE GAS PIPELINE CO LLC 144A 2.900000% 03/01/2030                           | CUSIP: 880451AZ2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     60000 | PA      | $56632.62     | 0.02%             | 2030-03-01      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC MULTIFAMILY STRUCTURED PASS THROUGH CE FHMS K544 A2                   | CUSIP: 3137HMCE8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    585000 | PA      | $592389.60    | 0.24%             | 2030-07-25      | Floating      | 4.27%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORPORATION                                                       | CVS PASS-THROUGH TRUST 144A 5.926000% 01/10/2034                                  | CUSIP: 126650BY5<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    370723 | PA      | $383043.33    | 0.15%             | 2034-01-10      | Fixed         | 5.93%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS COMPANY                                                     | AMERICAN EXPRESS CO 4.918000% 07/20/2033                                          | CUSIP: 025816EK1<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    702000 | PA      | $719140.76    | 0.29%             | 2033-07-20      | Fixed         | 4.92%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN BO5384                                                         | CUSIP: 3140K06W3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    185015 | PA      | $173214.74    | 0.07%             | 2049-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| GCAT TRUST                                                                   | GCAT 2024-INV1 TRUST GCAT 2024-INV1 1A2                                           | CUSIP: 36831BAB0<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    148036 | PA      | $149080.61    | 0.06%             | 2054-01-25      | Floating      | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC POOL FR SD8178                                                        | CUSIP: 3132DWCP6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    147954 | PA      | $126695.90    | 0.05%             | 2051-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ARES CLO LTD                                                                 | ARES LXII CLO LTD ARES 2021-62A BR                                                | CUSIP: 00192WAQ0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    300000 | PA      | $299837.10    | 0.12%             | 2034-01-25      | Floating      | 5.36%                 | Yes           |                  2 | On Loan: No      |
| FREDDIE MAC STACR REMIC TRUST                                                | FREDDIE MAC STACR REMIC TRUST 2021-DNA6 STACR 2021-DNA6 M2                        | CUSIP: 35564KKY4<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    212296 | PA      | $213106.31    | 0.09%             | 2041-10-25      | Floating      | 5.57%                 | No            |                  2 | On Loan: No      |
| AerCap Ireland Capital Designated Activity Company                           | AERCAP IRELAND CAPITAL DAC / AERCAP GLOBAL AVIATIO 4.375000% 11/15/2030           | CUSIP: 00774MBR5<br>LEI: 549300TI38531ODB1G63 | Long             | DBT              | NUSS              | IE        |    245000 | PA      | $244665.94    | 0.10%             | 2030-11-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| THE COCA-COLA COMPANY                                                        | COCA-COLA CO/THE 3.375000% 03/25/2027                                             | CUSIP: 191216CR9<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | DBT              | CORP              | US        |     20000 | PA      | $19924.54     | 0.01%             | 2027-03-25      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                           | ENERGY TRANSFER LP 5.550000% 05/15/2034                                           | CUSIP: 29273VAY6<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    101000 | PA      | $104376.15    | 0.04%             | 2034-05-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2                                   | GINNIE MAE II POOL G2 MA5652                                                      | CUSIP: 36179UH54<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     20297 | PA      | $20209.32     | 0.01%             | 2048-12-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| WEC ENERGY GROUP INC.                                                        | WEC ENERGY GROUP INC 5.625000% 05/15/2056                                         | CUSIP: 92939UAU0<br>LEI: 549300IGLYTZUK3PVP70 | Long             | DBT              | CORP              | US        |    180000 | PA      | $182690.00    | 0.07%             | 2056-05-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE COMPANY OF OKLAHOMA                                           | PUBLIC SERVICE CO OF OKLAHOMA 5.200000% 01/15/2035                                | CUSIP: 744533BR0<br>LEI: F3TJNSIZRGXRH8GEIK79 | Long             | DBT              | CORP              | US        |    160000 | PA      | $162636.15    | 0.07%             | 2035-01-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| PFS FINANCING CORP.                                                          | PFS FINANCING CORP PFSFC 2025-D A                                                 | CUSIP: 69335PFY6<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    321000 | PA      | $324212.86    | 0.13%             | 2030-05-15      | Fixed         | 4.47%                 | Yes           |                  2 | On Loan: No      |
| NJ TRUST                                                                     | NJ TRUST 2023-GSP NJ 2023-GSP A                                                   | CUSIP: 65486XAA1<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    100000 | PA      | $105122.99    | 0.04%             | 2029-01-06      | Floating      | 6.70%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN FS1237                                                         | CUSIP: 3140XGLT4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    205604 | PA      | $193332.31    | 0.08%             | 2051-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV                                  | NEW YORK CITY NY TRANSITIONAL NEW YORK CITY TRANSITIONAL FINANCE AUTHORITY FUTUR  | CUSIP: 64972JPT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25850.91     | 0.01%             | 2053-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PROGRESS RESIDENTIAL MASTER TRUST                                            | PROGRESS RESIDENTIAL 2023-SFR2 TRUST PROG 2023-SFR2 A                             | CUSIP: 74331GAA7<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    527472 | PA      | $528463.11    | 0.21%             | 2040-10-17      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| Government National Mortgage Association 2                                   | GINNIE MAE II POOL G2 MA2894                                                      | CUSIP: 36179RGB9<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    188350 | PA      | $188507.11    | 0.08%             | 2045-06-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY                                  | MASSACHUSETTS MUTUAL LIFE INSURANCE CO 144A 3.375000% 04/15/2050                  | CUSIP: 575767AQ1<br>LEI: R6ZXK5P01NP6HXSY1S07 | Long             | DBT              | CORP              | US        |    144000 | PA      | $99195.55     | 0.04%             | 2050-04-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                           | ENERGY TRANSFER LP 5.750000% 02/15/2033                                           | CUSIP: 29273VAQ3<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    169000 | PA      | $178505.65    | 0.07%             | 2033-02-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| SMALL BUSINESS ADMINISTRATION GTD                                            | UNITED STATES SMALL BUSINESS ADMINISTRATION SBAP 2024-25F 1                       | CUSIP: 83162CX40<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    388665 | PA      | $397728.02    | 0.16%             | 2049-06-01      | Fixed         | 5.04%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG, INC.                                                     | VENTURE GLOBAL LNG INC 144A 8.125000% 06/01/2028                                  | CUSIP: 92332YAA9<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |      4000 | PA      | $4097.10      | 0.00%             | 2028-06-01      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| UBS COMMERCIAL MORTGAGE TRUST                                                | UBS COMMERCIAL MORTGAGE TRUST 2018-C13 UBSCM 2018-C13 ASB                         | CUSIP: 90353KAW9<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    310240 | PA      | $310478.29    | 0.12%             | 2051-10-15      | Fixed         | 4.24%                 | No            |                  2 | On Loan: No      |
| MSCI INC.                                                                    | MSCI INC 5.250000% 09/01/2035                                                     | CUSIP: 55354GAR1<br>LEI: 549300HTIN2PD78UB763 | Long             | DBT              | CORP              | US        |    362000 | PA      | $366047.31    | 0.15%             | 2035-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| GLOBAL ATLANTIC (FIN) COMPANY                                                | GLOBAL ATLANTIC FIN CO 144A 3.125000% 06/15/2031                                  | CUSIP: 37959GAB3<br>LEI: 98450051B2E65CAA7E94 | Long             | DBT              | CORP              | US        |    289000 | PA      | $260070.64    | 0.10%             | 2031-06-15      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC.                                                               | TRANSDIGM INC 144A 6.625000% 03/01/2032                                           | CUSIP: 893647BV8<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |     40000 | PA      | $41574.92     | 0.02%             | 2032-03-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| PG&E WILDFIRE RECOVERY FUNDING LLC                                           | PG&E WILDFIRE RECOVERY FUNDING LLC 4.722000% 06/01/2037                           | CUSIP: 693342AG2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    456000 | PA      | $453397.95    | 0.18%             | 2037-06-01      | Fixed         | 4.72%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES PARTNERS LP                                                  | TARGA RESOURCES PARTNERS LP / TARGA RESOURCES PART 5.000000% 01/15/2028           | CUSIP: 87612BBG6<br>LEI: 6OQWTZ1SPC04IFT4T704 | Long             | DBT              | CORP              | US        |     10000 | PA      | $10001.44     | 0.00%             | 2028-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Romania                                                                      | ROMANIA 5.750000% 03/24/2035                                                      | CUSIP: N/A<br>LEI: 315700IASY927EDWBK92       | Long             | DBT              | NUSS              | RO        |     48000 | PA      | $47095.48     | 0.02%             | 2035-03-24      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| SLG OFFICE TRUST                                                             | SLG OFFICE TRUST 2021-OVA SLG 2021-OVA C                                          | CUSIP: 78449RAG0<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    400000 | PA      | $356391.68    | 0.14%             | 2041-07-15      | Fixed         | 2.85%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN AT5860                                                         | CUSIP: 3138WTQN9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    136594 | PA      | $130323.37    | 0.05%             | 2043-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC REMICS FHR 5224 HL                                                    | CUSIP: 3137H7G72<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    200000 | PA      | $188598.70    | 0.08%             | 2052-04-25      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC POOL FR ZT1257                                                        | CUSIP: 3132ADME5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     35074 | PA      | $32595.88     | 0.01%             | 2046-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| AerCap Ireland Capital Designated Activity Company                           | AERCAP IRELAND CAPITAL DAC / AERCAP GLOBAL AVIATIO 3.000000% 10/29/2028           | CUSIP: 00774MAW5<br>LEI: 549300TI38531ODB1G63 | Long             | DBT              | NUSS              | IE        |    267000 | PA      | $258478.88    | 0.10%             | 2028-10-29      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN FM5475                                                         | CUSIP: 3140X9CM5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     16284 | PA      | $16203.38     | 0.01%             | 2050-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| WarnerMedia Holdings, Inc.                                                   | WARNERMEDIA HOLDINGS INC 5.050000% 03/15/2042                                     | CUSIP: 55903VBW2<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |     10000 | PA      | $7998.70      | 0.00%             | 2042-03-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| FLEXENTIAL LLC                                                               | FLEXENTIAL ISSUER 2021-1 FLX 2021-1A A2                                           | CUSIP: 33938MAA7<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    160000 | PA      | $157458.48    | 0.06%             | 2051-11-27      | Fixed         | 3.25%                 | Yes           |                  2 | On Loan: No      |
| Piedmont Natural Gas Company, Inc.                                           | PIEDMONT NATURAL GAS CO INC 3.640000% 11/01/2046                                  | CUSIP: 720186AK1<br>LEI: VXB4M3BDPKF3I2AZ3G89 | Long             | DBT              | CORP              | US        |    170000 | PA      | $128980.46    | 0.05%             | 2046-11-01      | Fixed         | 3.64%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN BF0191                                                         | CUSIP: 3140FXF98<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     29022 | PA      | $27704.56     | 0.01%             | 2057-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN CA7257                                                         | CUSIP: 3140QFB32<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     61783 | PA      | $53748.95     | 0.02%             | 2050-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN FM6184                                                         | CUSIP: 3140X92S3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     61306 | PA      | $51053.30     | 0.02%             | 2051-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| THE HOME DEPOT, INC.                                                         | HOME DEPOT INC/THE 3.250000% 04/15/2032                                           | CUSIP: 437076CP5<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |     50000 | PA      | $47140.92     | 0.02%             | 2032-04-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| XEROX CORPORATION                                                            | XEROX CORP 144A 10.250000% 10/15/2030                                             | CUSIP: 984121CS0<br>LEI: 4KF48RN45X1OO8UBLY20 | Long             | DBT              | CORP              | US        |     40000 | PA      | $41011.88     | 0.02%             | 2030-10-15      | Fixed         | 10.25%                | No            |                  2 | On Loan: No      |
| U.S. DOLLARS                                                                 | FX Forward Contract: USD/GBP SETTLE 2026-01-09                                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $1942.58      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC GOLD POOL FG Q36815                                                   | CUSIP: 3132QTSD9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     62131 | PA      | $60293.49     | 0.02%             | 2045-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                               | MORGAN STANLEY 5.320000% 07/19/2035                                               | CUSIP: 61747YFT7<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     45000 | PA      | $46734.37     | 0.02%             | 2035-07-19      | Fixed         | 5.32%                 | No            |                  2 | On Loan: No      |
| BARINGS CLO LTD                                                              | BARINGS CLO LTD 2019-III BABSN 2019-3A A1RR                                       | CUSIP: 06761KAW1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    300000 | PA      | $299528.10    | 0.12%             | 2036-01-20      | Floating      | 5.02%                 | Yes           |                  2 | On Loan: No      |
| LOWE'S COMPANIES, INC.                                                       | LOWE'S COS INC 5.000000% 04/15/2040                                               | CUSIP: 548661DV6<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |     53000 | PA      | $51841.11     | 0.02%             | 2040-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SONOCO PRODUCTS COMPANY.                                                     | SONOCO PRODUCTS CO 5.000000% 09/01/2034                                           | CUSIP: 835495AS1<br>LEI: GKOMIK4RDJGHEF0VNP11 | Long             | DBT              | CORP              | US        |    343000 | PA      | $340989.91    | 0.14%             | 2034-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| United States of America                                                     | US TREASURY N/B 4.250000% 05/15/2035                                              | CUSIP: 91282CNC1<br>LEI: 254900HROIFWPRGM1V77 | Long             | SN               | UST               | US        |   1872000 | PA      | $1910610.00   | 0.77%             | 2035-05-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC GOLD POOL FG G06496                                                   | CUSIP: 3128M8RR7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     38455 | PA      | $39448.99     | 0.02%             | 2041-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLUMBIA PIPELINES OPERATING COMPANY LLC                                     | COLUMBIA PIPELINES OPERATING CO LLC 144A 6.036000% 11/15/2033                     | CUSIP: 19828TAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    335000 | PA      | $359741.27    | 0.14%             | 2033-11-15      | Fixed         | 6.04%                 | No            |                  2 | On Loan: No      |
| Citibank National Association                                                | CITIBANK NA 4.914000% 05/29/2030                                                  | CUSIP: 17325FBP2<br>LEI: E57ODZWZ7FF32TWEFA76 | Long             | DBT              | CORP              | US        |     90000 | PA      | $92823.25     | 0.04%             | 2030-05-29      | Fixed         | 4.91%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2                                   | GINNIE MAE II POOL G2 784894                                                      | CUSIP: 3622AAKF0<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     84677 | PA      | $77671.06     | 0.03%             | 2048-02-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                                                  | BANK OF AMERICA CORP 2.572000% 10/20/2032                                         | CUSIP: 06051GKD0<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |     90000 | PA      | $81663.16     | 0.03%             | 2032-10-20      | Fixed         | 2.57%                 | No            |                  2 | On Loan: No      |
| Chevron U.S.A. Inc.                                                          | CHEVRON USA INC 3.850000% 01/15/2028                                              | CUSIP: 166756AR7<br>LEI: VA8TZDWPEZYU430RZ444 | Long             | DBT              | CORP              | US        |     30000 | PA      | $30064.82     | 0.01%             | 2028-01-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| COMCAST CORPORATION                                                          | COMCAST CORP 4.250000% 10/15/2030                                                 | CUSIP: 20030NCU3<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    200000 | PA      | $200433.42    | 0.08%             | 2030-10-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| COMCAST CORPORATION                                                          | COMCAST CORP 2.887000% 11/01/2051                                                 | CUSIP: 20030NDS7<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    224000 | PA      | $135528.63    | 0.05%             | 2051-11-01      | Fixed         | 2.89%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN FS4270                                                         | CUSIP: 3140XKW89<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    165135 | PA      | $136781.92    | 0.06%             | 2052-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN CB3614                                                         | CUSIP: 3140QPAQ0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     74761 | PA      | $71935.52     | 0.03%             | 2052-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2                                   | GINNIE MAE II POOL G2 MA9963                                                      | CUSIP: 36180AB85<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    520492 | PA      | $509391.94    | 0.20%             | 2054-10-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GS MORTGAGE-BACKED SECURITIES TRUST                                          | GS MORTGAGE-BACKED SECURITIES TRUST 2025-PJ6 GSMBS 2025-PJ6 A8                    | CUSIP: 36272KAH3<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    272382 | PA      | $273904.30    | 0.11%             | 2055-11-25      | Floating      | 5.50%                 | Yes           |                  2 | On Loan: No      |
| MORGAN STANLEY                                                               | MORGAN STANLEY MTN 3.622000% 04/01/2031                                           | CUSIP: 6174468P7<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    244000 | PA      | $237910.67    | 0.10%             | 2031-04-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| ACRISURE, LLC                                                                | ACRISURE LLC / ACRISURE FINANCE INC 144A 7.500000% 11/06/2030                     | CUSIP: 00489LAL7<br>LEI: 549300R0Z1Q47XRTGO22 | Long             | DBT              | CORP              | US        |    120000 | PA      | $124606.44    | 0.05%             | 2030-11-06      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| United States of America                                                     | US TREASURY N/B 2.375000% 02/15/2042                                              | CUSIP: 912810TF5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    526000 | PA      | $394664.38    | 0.16%             | 2042-02-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN FM5940                                                         | CUSIP: 3140X9S63<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     71612 | PA      | $59322.50     | 0.02%             | 2051-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| THE PNC FINANCIAL SERVICES GROUP, INC.                                       | PNC FINANCIAL SERVICES GROUP INC/THE 5.582000% 06/12/2029                         | CUSIP: 693475BR5<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |     80000 | PA      | $82941.18     | 0.03%             | 2029-06-12      | Fixed         | 5.58%                 | No            |                  2 | On Loan: No      |
| GOLDENTREE LOAN MANAGEMENT US CLO LTD                                        | GOLDENTREE LOAN MANAGEMENT US CLO 11 LTD GLM 2021-11A AR                          | CUSIP: 38138KAL4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    260000 | PA      | $259864.80    | 0.10%             | 2034-10-20      | Floating      | 4.96%                 | Yes           |                  2 | On Loan: No      |
| CITIGROUP INC.                                                               | CITIGROUP INC 3.785000% 03/17/2033                                                | CUSIP: 172967NN7<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    160000 | PA      | $153268.25    | 0.06%             | 2033-03-17      | Fixed         | 3.79%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC POOL FR RA3205                                                        | CUSIP: 3133KJR20<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    288470 | PA      | $239127.01    | 0.10%             | 2050-08-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN CB3126                                                         | CUSIP: 3140QNPL0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     70322 | PA      | $65836.76     | 0.03%             | 2052-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| THE E.W. SCRIPPS COMPANY                                                     | SCRIPPS ESCROW II INC 144A 3.875000% 01/15/2029                                   | CUSIP: 81105DAA3<br>LEI: 549300U1OW41QPKYW028 | Long             | DBT              | CORP              | US        |      8000 | PA      | $7444.91      | 0.00%             | 2029-01-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN FM4116                                                         | CUSIP: 3140X7SE0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     60951 | PA      | $60506.66     | 0.02%             | 2049-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                  | FREDDIE MAC GOLD POOL FG G08859                                                   | CUSIP: 3128MJ5V8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |      8394 | PA      | $8541.07      | 0.00%             | 2049-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BROWN & BROWN, INC.                                                          | BROWN & BROWN INC 5.250000% 06/23/2032                                            | CUSIP: 115236AL5<br>LEI: 549300PC8KTJ71XKFY89 | Long             | DBT              | CORP              | US        |    360000 | PA      | $368583.81    | 0.15%             | 2032-06-23      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN FM7785                                                         | CUSIP: 3140XBUK4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    112537 | PA      | $109250.34    | 0.04%             | 2049-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FANNIE MAE POOL FN FS2296                                                         | CUSIP: 3140XHRS8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    203896 | PA      | $189982.75    | 0.08%             | 2052-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| VISA INC.                                                                    | VISA INC 3.150000% 12/14/2025                                                     | CUSIP: 92826CAD4<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | DBT              | CORP              | US        |     60000 | PA      | $59969.67     | 0.02%             | 2025-12-14      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                           | ENERGY TRANSFER LP 4.950000% 06/15/2028                                           | CUSIP: 29278NAF0<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |     20000 | PA      | $20347.24     | 0.01%             | 2028-06-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-30

**Name of Applicant:** SEI CATHOLIC VALUES TRUST

**Signature:** Glenn Kurdziel

**Name of Signer:** Glenn Kurdziel

**Title:** Controller and Chief Financial Officer