# EDGAR Filing Document

**Accession Number:** 0000889284
**File Stem:** 0001752724-23-046750
**Filing Date:** 2023-2
**Character Count:** 54941
**Document Hash:** 299dbb99535cf6cf0a48d5e8d1953f9f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-046750.hdr.sgml**: 20230228

**ACCESSION NUMBER**: 0001752724-23-046750

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221230

**FILED AS OF DATE**: 20230228

**DATE AS OF CHANGE**: 20230228

**PERIOD START**: 20230930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** STERLING CAPITAL FUNDS
- **CENTRAL INDEX KEY:** 0000889284
- **IRS NUMBER:** 043331055
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-06719
- **FILM NUMBER:** 23683005

**BUSINESS ADDRESS:**
- **STREET 1:** 3605 GLENWOOD AVENUE
- **STREET 2:** SUITE 100
- **CITY:** RALEIGH
- **STATE:** NC
- **ZIP:** 27612
- **BUSINESS PHONE:** 8002281872

**MAIL ADDRESS:**
- **STREET 1:** 3605 GLENWOOD AVENUE
- **STREET 2:** SUITE 100
- **CITY:** RALEIGH
- **STATE:** NC
- **ZIP:** 27612

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BB&T FUNDS /
- **DATE OF NAME CHANGE:** 20010419

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BB&T MUTUAL FUNDS GROUP
- **DATE OF NAME CHANGE:** 19920929

## Series and Classes Contracts Data

### STERLING CAPITAL INTERMEDIATE US GOVERNMENT FUND (Series ID: S000003557)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000009890 | INSTITUTIONAL CLASS | BBGVX           |
| C000009891 | A CLASS             | BGVAX           |
| C000009893 | C CLASS             | BIUCX           |

## Nport-Ex

Sterling

Capital

Intermediate

U.S.

Government

Fund

Schedule

of

Portfolio

Investments

December

31,

2022

(Unaudited)

See

accompanying

Notes

to

the

Schedule

of

Portfolio

Investments.

Principal

Amount

Fair

Value

ASSET

BACKED

SECURITIES

—

2.0%

$

265,000

Avis

Budget

Rental

Car

Funding

AESOP,

LLC,

Series

2019-3A,

Class

A,

2.360%,

3/20/26(a)

.....................

$

246,775

94,944

United

States

Small

Business

Administration,

Series

2015-20G,

Class

1,

2.880%,

7/1/35(b)

..............

88,388

Total

Asset

Backed

Securities

(Cost

$362,319)

.................

335,163

COLLATERALIZED

MORTGAGE

OBLIGATIONS

—

14.6%

43,361

Fannie

Mae,

Series

2003-44,

Class

Q,

3.500%,

6/25/33

.................

41,256

169,216

Fannie

Mae,

Series

2005-31,

Class

PB,

5.500%,

4/25/35

.................

171,893

154,709

Fannie

Mae,

Series

2012-150,

Class

KA,

1.750%,

1/25/43

.................

125,811

238,720

Fannie

Mae,

Series

2012-87,

Class

MB,

2.000%,

5/25/42

.................

213,354

95,785

Fannie

Mae,

Series

2013-44,

Class

DJ,

1.850%,

5/25/33

.................

86,000

147,131

Fannie

Mae,

Series

2016-24,

Class

CD,

1.750%,

2/25/46

.................

124,075

56,701

Fannie

Mae,

Series

2016-49,

Class

DA,

3.500%,

10/25/42

................

55,199

221,756

Fannie

Mae,

Series

2016-49,

Class

PA,

3.000%,

9/25/45

.................

204,466

232,584

Fannie

Mae,

Series

2019-25,

Class

PD,

2.500%,

5/25/48

.................

206,393

201,329

Freddie

Mac,

Series

3787,

Class

LM,

4.000%,

1/15/31

.................

196,860

79,374

Freddie

Mac,

Series

4122,

Class

BC,

3.000%,

5/15/40

.................

73,010

191,260

Freddie

Mac,

Series

4173,

Class

NB,

3.000%,

3/15/43

.................

173,569

156,596

Freddie

Mac,

Series

4601,

Class

NJ,

1.900%,

9/15/45

.................

137,188

133,169

Freddie

Mac,

Series

4656,

Class

PA,

3.500%,

10/15/45

................

126,469

209,058

Freddie

Mac,

Series

4863,

Class

AJ,

3.500%,

7/15/38

.................

196,434

245,832

Freddie

Mac,

Series

4942,

Class

NC,

2.500%,

10/25/49

................

215,632

77,882

Ginnie

Mae,

Series

2013-133,

Class

PL,

3.500%,

2/16/37

.................

75,315

55,615

Ginnie

Mae,

Series

2015-162,

Class

EB,

2.500%,

9/20/44

.................

52,197

Total

Collateralized

Mortgage

Obligations

(Cost

$2,767,927)

................

2,475,121

Principal

Amount

Fair

Value

COMMERCIAL

MORTGAGE-BACKED

SECURITIES

—

23.5%

$

100,000

BX

Commercial

Mortgage

Trust,

Series

2021-ACNT,

Class

C,

5.818%,

(LIBOR

USD

1-Month

plus

1.50%),

11/15/38(a)

(c) ...........................

$

94,977

136,114

Citigroup

Commercial

Mortgage

Trust,

Series

2015-GC29,

Class

A3,

2.935%,

4/10/48

.......................

128,729

487,611

Fannie

Mae-Aces,

Series

2015-M17,

Class

A2,

2.899%,

11/25/25(d)

...........

463,776

404,955

Fannie

Mae-Aces,

Series

2017-M7,

Class

A2,

2.961%,

2/25/27(d)

............

381,097

244,476

Fannie

Mae-Aces,

Series

2017-M8,

Class

A2,

3.061%,

5/25/27(d)

............

230,347

390,000

Fannie

Mae-Aces,

Series

2018-M10,

Class

A2,

3.358%,

7/25/28(d)

............

371,988

300,000

Freddie

Mac

Multifamily

Structured

Pass

Through

Certificates,

Series

K033,

Class

A2,

3.060%,

7/25/23(d)

............

297,049

140,000

Freddie

Mac

Multifamily

Structured

Pass

Through

Certificates,

Series

K049,

Class

A2,

3.010%,

7/25/25

..............

134,510

210,000

Freddie

Mac

Multifamily

Structured

Pass

Through

Certificates,

Series

K060,

Class

A2,

3.300%,

10/25/26

.............

201,148

500,000

Freddie

Mac

Multifamily

Structured

Pass

Through

Certificates,

Series

K061,

Class

A2,

3.347%,

11/25/26(d)

...........

478,955

125,000

Freddie

Mac

Multifamily

Structured

Pass

Through

Certificates,

Series

K066,

Class

A2,

3.117%,

6/25/27

..............

118,403

160,000

Freddie

Mac

Multifamily

Structured

Pass

Through

Certificates,

Series

K069,

Class

A2,

3.187%,

9/25/27(d)

............

151,702

275,000

Freddie

Mac

Multifamily

Structured

Pass

Through

Certificates,

Series

K079,

Class

A2,

3.926%,

6/25/28

..............

268,296

250,000

JPMBB

Commercial

Mortgage

Securities

Trust,

Series

2014-C23,

Class

A5,

3.934%,

9/15/47

.................

242,224

100,000

Med

Trust,

Series

2021-MDLN,

Class

C,

6.118%,

(LIBOR

USD

1-Month

plus

1.80%),

11/15/38(a)(c)

............

95,005

71,000

Morgan

Stanley

Bank

of

America

Merrill

Lynch

Trust,

Series

2014-C18,

Class

A4,

3.923%,

10/15/47

................

68,642

250,000

Morgan

Stanley

Bank

of

America

Merrill

Lynch

Trust,

Series

2014-C19,

Class

A4,

3.526%,

12/15/47

................

239,515

Total

Commercial

Mortgage-Backed

Securities

(Cost

$4,259,284)

................

3,966,363

Sterling

Capital

Intermediate

U.S.

Government

Fund

Schedule

of

Portfolio

Investments

—

(continued)

December

31,

2022

(Unaudited)

Continued

Principal

Amount

Fair

Value

CORPORATE

BONDS

—

2.1%

Banks

—

0.4%

$

70,000

Bank

of

America

Corp.,

GMTN,

3.500%,

4/19/26

.......................

$

66,765

Electric

Utilities

—

0.4%

75,000

Public

Service

Electric

&

Gas

Co.,

MTN,

2.250%,

9/15/26(b)

...............

68,200

Equity

Real

Estate

Investment

Trusts

(REITS)

—

1.3%

250,000

Federal

Realty

Investment

Trust,

1.250%,

2/15/26(b)

.....................

220,479

Total

Corporate

Bonds

(Cost

$403,017)

.................

355,444

MORTGAGE-BACKED

SECURITIES

—

27.5%

Fannie

Mae

—

19.4%

200,326

4.000%,

12/1/33,

Pool

#MA1689

.......

194,205

269,957

4.500%,

3/1/34,

Pool

#CA3294

........

270,271

47,290

4.000%,

12/1/36,

Pool

#MA2856

.......

45,591

46,623

4.000%,

2/1/37,

Pool

#MA2914

........

44,948

401,658

1.500%,

12/1/40,

Pool

#MA4202

.......

329,193

44,570

4.000%,

5/1/47,

Pool

#BE9598

........

42,620

118,358

3.500%,

12/1/47,

Pool

#CA0833

.......

109,798

57,316

5.000%,

8/1/48,

Pool

#CA2219

........

57,515

57,683

3.500%,

9/1/49,

Pool

#BJ9608

.........

53,087

64,979

3.500%,

10/1/49,

Pool

#CA4431

.......

59,742

96,859

3.000%,

3/1/50,

Pool

#FM2714

........

85,927

220,419

3.000%,

7/1/50,

Pool

#CA6421

........

194,519

215,864

3.000%,

7/1/50,

Pool

#CA6422

........

190,300

181,586

2.000%,

8/1/50,

Pool

#CA6799

........

149,348

273,239

2.000%,

9/1/50,

Pool

#CA7019

........

223,849

319,336

2.500%,

9/1/50,

Pool

#BQ2883

........

272,722

150,526

2.500%,

9/1/50,

Pool

#BQ0538

........

128,428

387,371

2.000%,

10/1/50,

Pool

#CA7224

.......

317,832

311,003

2.500%,

10/1/50,

Pool

#FM4638

.......

264,783

292,699

2.500%,

10/1/50,

Pool

#FM4530

.......

249,862

3,284,540

Freddie

Mac

—

7.9%

116,951

4.000%,

12/1/35,

Pool

#ZA2401

.......

112,789

100,780

3.500%,

6/1/36,

Pool

#ZA2414

........

96,474

66,432

4.000%,

3/1/39,

Pool

#ZA6403

........

63,101

208,345

2.000%,

12/1/40,

Pool

#RB5090

.......

177,740

140,383

3.500%,

1/1/47,

Pool

#ZT0941

........

129,939

103,612

3.000%,

12/1/51,

Pool

#SD8184

.......

91,216

195,712

4.500%,

6/1/52,

Pool

#SD1265

........

189,348

194,049

4.500%,

8/1/52,

Pool

#SD1515

........

187,102

292,590

5.000%,

9/1/52,

Pool

#RA7936

........

288,785

1,336,494

Principal

Amount

Fair

Value

MORTGAGE-BACKED

SECURITIES

—

(continued)

Ginnie

Mae

II

—

0.2%

$

27,401

5.000%,

11/20/38,

Pool

#4283

.........

$

26,801

Total

Mortgage-Backed

Securities

(Cost

$5,372,992)

................

4,647,835

MUNICIPAL

BONDS

—

0.8%

Wisconsin

—

0.8%

135,000

State

of

Wisconsin,

TXB,

Revenue

Bonds,

Pension

Funding,

Series

A,

(AGM),

5.700%,

5/1/26(b)

................

137,404

Total

Municipal

Bonds

(Cost

$140,732)

.................

137,404

U.S.

GOVERNMENT

AGENCIES

—

12.9%

Fannie

Mae

—

10.1%

1,000,000

6.250%,

5/15/29

...................

1,122,610

500,000

7.125%,

1/15/30

...................

594,391

1,717,001

Federal

Home

Loan

Banks

—

2.8%

500,000

1.200%,

12/30/24

..................

466,637

Total

U.S.

Government

Agencies

(Cost

$2,288,180)

................

2,183,638

U.S.

TREASURY

NOTES

—

13.7%

1,550,000

0.250%,

9/30/25

.................

1,393,123

1,135,000

1.125%,

2/15/31

.................

927,996

Total

U.S.

Treasury

Notes

(Cost

$2,510,453)

................

2,321,119

Shares

MONEY

MARKET

FUND

—

2.3%

392,315

Federated

Treasury

Obligations

Fund,

Institutional

Shares,

4.14%(e)

.......

392,315

Total

Money

Market

Fund

(Cost

$392,315)

.................

392,315

Total

Investments

—

99.4%

(Cost

$18,497,219)

............................

16,814,402

Net

Other

Assets

(Liabilities)

—

0.6%

...............

93,972

NET

ASSETS

—

100.0%

.......................

$

16,908,374

(a) Rule

144A,

Section

4(2)

or

other

security

that

is

restricted

as

to

resale

to

qualified

institutional

investors.

The

Advisor,

using

Board

approved

procedures,

has

deemed

these

securities

or

a

portion

of

these

securities

to

be

liquid.

(b) All

or

a

portion

of

the

securities

are

held

in

a

separate

collateral

account

at

US

Bank.

Sterling

Capital

Intermediate

U.S.

Government

Fund

Schedule

of

Portfolio

Investments

—

(continued)

December

31,

2022

(Unaudited)

Continued

(c) The

interest

rate

for

this

floating

rate

note,

which

will

change

periodically,

is

based

either

on

the

prime

rate

or

an

index

of

market

rates.

The

reflected

rate

is

in

effect

as

of

December

31,

2022. The

maturity

date

reflected

is

the

final

maturity

date.

(d) The

interest

rate

for

this

variable

rate

note,

which

will

change

periodically,

is

based

either

on

the

prime

rate

or

an

index

of

market

rates.

The

reflected

rate

is

in

effect

as

of

December

31,

2022. The

maturity

date

reflected

is

the

final

maturity

date.

(e) Represents

the

current

yield

as

of

report

date.

AGM

Assured

Guaranty

Municipal

Corp.

GMTN

Global

Medium

Term

Note

MTN

Medium

Term

Note

TXB

Taxable

Bond

Sterling

Capital

Funds

Notes

to

Schedule

of

Portfolio

Investments

-

Sterling

Capital

Intermediate

U.S.

Government

Fund

December

31,

2022

(Unaudited)

1. Organization:

Sterling

Capital

Funds

(the

"Trust")

commenced

operations

on

October

5,

1992

and

is

registered

under

the

Investment

Company

Act

of

1940,

as

amended

("the

1940

Act"),

as

an

open-end

investment

company

established

as

a

Massachusetts

business

trust.

The

Trust

offers

shares

of

Sterling

Capital

Intermediate

U.S.

Government

Fund

(referred

to

as

a

"Fund").

The

Fund

is

a

"diversified"

fund

as

defined

in

the

1940

Act.

2. Significant

Accounting

Policies:

The

Fund

is

an

investment

company

and

accordingly

follows

the

investment

company

accounting

and

reporting

guidance

of

the

Financial

Accounting

Standards

Board

("FASB")

Accounting

Standard

Codification

Topic

946

Financial

Services-

Investment

Companies.

The

following

is

a

summary

of

significant

accounting

policies

followed

by

the

Fund.

The

policies

are

in

conformity

with

United

States

generally

accepted

accounting

principles

("U.S.

GAAP").

The

preparation

of

this

schedule

requires

management

to

make

estimates

and

assumptions

that

affect

the

reported

amounts

of

assets

and

liabilities

and

disclosure

of

contingent

assets

and

liabilities

at

the

date

of

the

schedule

and

the

reported

amount

of

income

and

expense

for

the

reporting

period.

Actual

result

could

differ

from

those

estimates.

Securities

Valuation

—

Investments

of

the

Fund

in

securities

traded

on

a

national

securities

exchange

or

in

the

over-the-

counter

market

are

valued

at

the

closing

price

on

the

principal

exchange

or

market

(including

the

NASDAQ

Closing

Price

for

securities

traded

on

NASDAQ),

typically

4:00

PM

ET

or,

absent

such

a

price,

by

reference

to

the

latest

available

bid

prices

in

the

principal

market

in

which

such

securities

are

normally

traded.

The

Fund

may

also

use

an

independent

pricing

service

approved

by

the

Board

of

Trustees

(the

"Board")

to

value

certain

securities,

including

the

use

of

electronic

and

matrix

techniques.

Investments

in

open-end

investment

companies

are

valued

at

their

respective

net

asset

values

as

reported

by

such

companies.

Investments

in

closed-end

investment

companies

and

exchange-traded

funds

are

valued

at

their

market

values

based

upon

the

latest

available

sale

price

or,

absent

such

a

price,

by

reference

to

the

latest

available

bid

prices

in

the

principal

market

in

which

such

securities

are

normally

traded.

The

differences

between

cost

and

fair

value

of

investments

are

reflected

as

either

unrealized

appreciation

or

depreciation.

Securities

for

which

market

quotations

are

not

readily

available

or

deemed

unreliable

(e.g.,

an

approved

pricing

service

does

not

provide

a

price,

a

furnished

price

is

in

error,

certain

stale

prices,

or

an

event

occurs

that

materially

affects

the

furnished

price)

will

be

fair

valued

in

accordance

with

procedures

established

in

good

faith

under

the

general

supervision

of

the

Board.

Fair

Value

Measurements

—

The

objective

of

a

fair

value

measurement

is

to

determine

the

price

that

would

be

received

to

sell

an

asset

or

paid

to

transfer

a

liability

in

an

orderly

transaction

between

market

participants

at

the

measurement

date

(an

exit

price).

Accordingly,

the

fair

value

hierarchy

gives

the

highest

priority

to

quoted

prices

(unadjusted)

in

active

markets

for

identical

assets

or

liabilities

(Level

1)

and

the

lowest

priority

to

unobservable

inputs

(Level

3).

The

three

levels

of

the

fair

value

hierarchy

are

described

as

follows:

Level

–

quoted

prices

in

active

markets

for

identical

securities

Level

–

based

on

other

significant

observable

inputs

(including

quoted

prices

for

similar

securities,

interest

rates,

prepayment

speeds,

credit

risk,

etc.)

Level

–

based

on

significant

unobservable

inputs

(including

a

Fund's

own

assumptions

in

determining

the

fair

value

of

investments)

The

inputs

or

methodology

used

for

valuing

securities

are

not

necessarily

an

indication

of

the

risk

associated

with

investing

in

those

securities.

During

the

period

ended

December

31,

2022

,

there

were

no

significant

changes

to

the

valuation

policies

and

procedures.

Sterling

Capital

Funds

Notes

to

Schedule

of

Portfolio

Investments

-

Sterling

Capital

Intermediate

U.S.

Government

Fund

—

(continued)

December

31,

2022

(Unaudited)

The

summary

of

inputs

used

to

determine

the

fair

value

of

the

Fund's

investments

as

of

December

31,

2022

is

as

follows:

Credit

Enhancements

—

Certain

obligations

held

in

the

Fund

have

credit

enhancement

or

liquidity

features

that

may,

under

certain

circumstances,

provide

for

repayment

of

principal

and

interest

on

the

obligation

upon

demand

date,

interest

rate

reset

date

or

final

maturity.

These

enhancements

may

include:

letters

of

credit;

liquidity

guarantees;

security

purchase

agreements;

tender

option

purchase

agreements;

and

third

party

insurance

(i.e.,

AMBAC).

Mortgage

Dollar

Rolls

—

The

Fund

may

sell

mortgage-backed

securities

for

delivery

in

the

current

month

and

simultaneously

contract

to

repurchase

substantially

similar

(same

type,

coupon

and

maturity)

securities

on

a

specific

future

date

at

an

agreed-upon

price.

The

market

value

of

the

securities

that

a

Fund

is

required

to

purchase

may

decline

below

the

agreed

upon

repurchase

price

of

those

securities.

Pools

of

mortgages

collateralizing

those

securities

may

have

different

prepayment

histories

than

those

sold.

During

the

period

between

the

sale

and

repurchase,

a

Fund

will

not

be

entitled

to

receive

interest

and

principal

payments

on

the

securities

sold.

Proceeds

of

the

sale

will

be

invested

in

additional

instruments

for

a

Fund,

and

the

income

from

these

investments

will

generate

income

for

a

Fund.

If

such

income

does

not

exceed

the

income,

capital

appreciation

and

gain

or

loss

that

would

have

been

realized

on

the

securities

sold

as

part

of

the

dollar

roll,

the

use

of

this

technique

will

diminish

the

investment

performance

of

a

Fund

compared

with

what

the

performance

would

have

been

without

the

use

of

dollar

rolls.

The

Fund

accounts

for

mortgage

dollar

roll

transactions

as

purchases

and

sales.

The

Fund

did

not

hold

any

mortgage

dollar

rolls

during

the

period.

Risks

Associated

with

Foreign

Securities

and

Currencies

—

Investments

in

securities

of

foreign

issuers

carry

certain

risks

not

ordinarily

associated

with

investments

in

securities

of

domestic

issuers.

Such

risks

include

future

political

and

economic

developments

and

the

possible

imposition

of

exchange

controls

or

other

foreign

governmental

laws

and

restrictions.

In

addition,

with

respect

to

certain

countries,

there

is

the

possibility

of

expropriation

of

assets,

confiscatory

taxation,

political

or

social

instability

or

diplomatic

developments

which

could

adversely

affect

investments

in

those

countries.

Certain

foreign

investments

may

also

be

subject

to

foreign

withholding

taxes.

When-Issued

—

The

Fund

may

purchase

securities

on

a

"when-issued"

basis.

The

Fund

records

when-issued

securities

on

the

trade

date

and

pledge

assets

with

a

value

at

least

equal

to

the

purchase

commitment

for

payment

of

the

securities

purchased.

The

value

of

the

securities

underlying

when-issued

to

purchase

securities,

and

any

subsequent

fluctuation

in

their

value,

is

taken

into

account

when

determining

the

net

asset

value

of

the

Fund

commencing

with

the

date

the

Fund

agrees

to

purchase

the

securities.

The

Fund

does

not

accrue

interest

or

dividends

on

"when-issued"

securities

until

the

underlying

securities

are

received.

Level

1-

Quoted

Prices

Level

2-

Other

Significant

Observable

Inputs

Level

3-

Significant

Unobservable

Inputs

Total

Assets:

Investments

in

Securities

Sterling

Capital

Intermediate

U.S.

Government

Fund

.......

$

392,315(a)

$

16,422,087(b)

$

—

$

16,814,402

(a) Represents

money

market

funds

and/or

certain

preferred

stocks.

(b) Industries,

countries

or

security

types

are

disclosed

in

the

Schedule

of

Portfolio

Investments.

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Sterling Capital Funds

- **b. Investment Company Act file number:** 811-06719

- **c. CIK number of Registrant:** 0000889284

- **d. LEI of Registrant:** 54930017VPAACVI5ZX74

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

  - **Street Address 1:** 3605 Glenwood Avenue

  - **City:** Raleigh

  - **State:** NC

  - **Foreign country:** US

  - **Zip / Postal Code:** 27612

  - **Telephone number:** 800-228-1872

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

- **a. Name of Series:** Sterling Capital Intermediate U.S. Government Fund

- **b. EDGAR series identifier (if any):** S000003557

- **c. LEI of Series:** 5493004IIF8E6ZHYLY36

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

- **a. Date of fiscal year-end:** 2023-09-30

- **b. Date as of which information is reported:** 2022-12-30

**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:** $16893924.76

**Total Liabilities:** $51137.87

**Net Assets:** $16842786.89

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 5.82216000 | **1-Year:** 919.20978000 | **5-Year:** 4342.35102000 | **10-Year:** 1000.16864000 | **30-Year:** 0.00000000

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

- **3-Month:** 0.00000000 | **1-Year:** 0.00000000 | **5-Year:** 0.00000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000009893 | -1.16%               | 2.17%                | -0.10%               |
| Class ID C000009891 | -1.21%               | 2.35%                | -0.03%               |
| Class ID C000009890 | -1.07%               | 2.25%                | -0.01%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-7365.05                | $-208575.01                                |
| Month 2  | $-3143.72                | $354098.32                                 |
| Month 3  | $-3095.54                | $-32980.86                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Fannie Mae                                 | Fannie Mae Pool                                              | CUSIP: 3140QED33<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    220419 | PA      | $194518.68    | 1.15%             | 2050-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                 | Fannie Mae REMICS                                            | CUSIP: 31394CY63<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    169216 | PA      | $171893.31    | 1.02%             | 2035-04-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                            | United States Treasury Note/Bond                             | CUSIP: 91282CBL4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1135000 | PA      | $927995.51    | 5.51%             | 2031-02-15      | Fixed         | 1.12%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                | Freddie Mac Pool                                             | CUSIP: 3133KPY93<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    292590 | PA      | $288785.02    | 1.71%             | 2052-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL REALTY INVS TRST                   | Federal Realty Investment Trust                              | CUSIP: 313747BB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $220478.69    | 1.31%             | 2026-02-15      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                | Freddie Mac Pool                                             | CUSIP: 3132DWCV3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    103612 | PA      | $91216.38     | 0.54%             | 2051-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                 | Fannie Mae Pool                                              | CUSIP: 3140QAUU2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    269957 | PA      | $270270.85    | 1.60%             | 2034-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                 | Fannie Mae Pool                                              | CUSIP: 3140X8A80<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    292699 | PA      | $249862.24    | 1.48%             | 2050-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                 | Fannie Mae Pool                                              | CUSIP: 3140QERV6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    181586 | PA      | $149348.31    | 0.89%             | 2050-08-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                | Freddie Mac Pool                                             | CUSIP: 3132DNVG5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    194049 | PA      | $187102.19    | 1.11%             | 2052-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                 | Fannie Mae REMICS                                            | CUSIP: 3136ATKQ6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     56701 | PA      | $55199.26     | 0.33%             | 2042-10-25      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                 | Fannie Mae Pool                                              | CUSIP: 3140QED41<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    215864 | PA      | $190300.46    | 1.13%             | 2050-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                 | Fannie Mae Pool                                              | CUSIP: 3140QB4R6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     64979 | PA      | $59741.74     | 0.35%             | 2049-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                 | Fannie Mae Pool                                              | CUSIP: 3140FVUY0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     44570 | PA      | $42619.55     | 0.25%             | 2047-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                 | Fannie Mae Pool                                              | CUSIP: 3140Q74T1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    118358 | PA      | $109798.26    | 0.65%             | 2047-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                            | United States Treasury Note/Bond                             | CUSIP: 91282CAM3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1550000 | PA      | $1393123.04   | 8.27%             | 2025-09-30      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                | Freddie Mac Pool                                             | CUSIP: 31329KU28<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    116951 | PA      | $112788.54    | 0.67%             | 2035-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                | Freddie Mac REMICS                                           | CUSIP: 3137B0HP2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    191260 | PA      | $173569.65    | 1.03%             | 2043-03-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                 | Fannie Mae Pool                                              | CUSIP: 3140X8EL7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    311003 | PA      | $264783.25    | 1.57%             | 2050-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST GEN FUND ANNUAL A             | State of Wisconsin                                           | CUSIP: 977100AC0<br>LEI: 549300VTAT608CNZ5827 | Long             | DBT              | MUN               | US        |    135000 | PA      | $137404.35    | 0.82%             | 2026-05-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE                                 | Federal National Mortgage Association                        | CUSIP: 31359MEU3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGSE             | US        |   1000000 | PA      | $1122609.89   | 6.67%             | 2029-05-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Small Business Administration              | United States Small Business Administration                  | CUSIP: 83162CXD0<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |     94944 | PA      | $88388.59     | 0.52%             | 2035-07-01      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P             | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137BTUM1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    500000 | PA      | $478955.05    | 2.84%             | 2026-11-25      | Variable      | 3.35%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P             | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137FBU79<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    160000 | PA      | $151701.68    | 0.90%             | 2027-09-25      | Variable      | 3.19%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                | Freddie Mac REMICS                                           | CUSIP: 3137BVCC8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    133169 | PA      | $126468.81    | 0.75%             | 2045-10-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                | Freddie Mac Pool                                             | CUSIP: 3132DNMN0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    195712 | PA      | $189347.98    | 1.12%             | 2052-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK                     | Federal Home Loan Banks                                      | CUSIP: 3130AQBD4<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |    500000 | PA      | $466636.96    | 2.77%             | 2024-12-30      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P             | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137BTAC5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    210000 | PA      | $201148.00    | 1.19%             | 2026-10-25      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                 | Fannie Mae REMICS                                            | CUSIP: 3136ABAA1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    154709 | PA      | $125810.99    | 0.75%             | 2043-01-25      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                 | Fannie Mae REMICS                                            | CUSIP: 3136B4B49<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    232584 | PA      | $206393.26    | 1.23%             | 2048-05-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P             | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137FGZT5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    275000 | PA      | $268296.46    | 1.59%             | 2028-06-25      | Fixed         | 3.93%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A             | Ginnie Mae II Pool                                           | CUSIP: 36202EXL8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     27401 | PA      | $26800.91     | 0.16%             | 2038-11-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                             | Fannie Mae-Aces                                              | CUSIP: 3136B2HA3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    390000 | PA      | $371988.28    | 2.21%             | 2028-07-25      | Variable      | 3.36%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                 | Fannie Mae REMICS                                            | CUSIP: 3136ADB57<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     95785 | PA      | $85999.34     | 0.51%             | 2033-05-25      | Fixed         | 1.85%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                | Freddie Mac REMICS                                           | CUSIP: 3137AUY86<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     79374 | PA      | $73009.92     | 0.43%             | 2040-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                             | Fannie Mae-Aces                                              | CUSIP: 3136AW7J0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    244476 | PA      | $230346.58    | 1.37%             | 2027-05-25      | Variable      | 3.06%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                | Freddie Mac Pool                                             | CUSIP: 31329KVF8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    100780 | PA      | $96473.65     | 0.57%             | 2036-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                 | Fannie Mae Pool                                              | CUSIP: 3140HBVA3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     57683 | PA      | $53087.41     | 0.32%             | 2049-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Secu             | JPMBB Commercial Mortgage Securities Trust 2014-C23          | CUSIP: 46643ABE2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $242223.73    | 1.44%             | 2047-09-15      | Fixed         | 3.93%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE ELECTRIC                    | Public Service Electric and Gas Co                           | CUSIP: 74456QBR6<br>LEI: 549300RUHPVD434XUK18 | Long             | DBT              | CORP              | US        |     75000 | PA      | $68199.89     | 0.40%             | 2026-09-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                 | Fannie Mae Pool                                              | CUSIP: 31418A2X5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    200326 | PA      | $194204.55    | 1.15%             | 2033-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                | Freddie Mac REMICS                                           | CUSIP: 3137FKZU3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    209058 | PA      | $196433.87    | 1.17%             | 2038-07-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                 | Fannie Mae REMICS                                            | CUSIP: 31393CVL4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     43361 | PA      | $41255.96     | 0.24%             | 2033-06-25      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| MED Trust                                  | Med Trust 2021-MDLN                                          | CUSIP: 58403YAN6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $95005.30     | 0.56%             | 2038-11-15      | Floating      | 6.12%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                | Freddie Mac REMICS                                           | CUSIP: 3137FQW25<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    245832 | PA      | $215631.97    | 1.28%             | 2049-10-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                 | Fannie Mae Pool                                              | CUSIP: 31418CGY4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     46623 | PA      | $44947.56     | 0.27%             | 2037-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federated Hermes Treasury Obligations Fund | Federated Hermes Treasury Obligations Fund                   | CUSIP: 60934N500<br>LEI: 254900WUIGYHOH89FC60 | Long             | STIV             | RF                | US        |    392315 | NS      | $392314.70    | 2.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Freddie Mac                                | Freddie Mac REMICS                                           | CUSIP: 3137BQUN5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    156596 | PA      | $137188.25    | 0.81%             | 2045-09-15      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| Avis Budget Rental Car Funding             | Avis Budget Rental Car Funding AESOP LLC                     | CUSIP: 05377RDQ4<br>LEI: IHXLB8SL0QWSSG2VG640 | Long             | ABS-O            | CORP              | US        |    265000 | PA      | $246774.78    | 1.47%             | 2026-03-20      | Fixed         | 2.36%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A             | Government National Mortgage Association                     | CUSIP: 38379FSM2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     55615 | PA      | $52196.55     | 0.31%             | 2044-09-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                | Freddie Mac Pool                                             | CUSIP: 31329QDG3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     66432 | PA      | $63101.10     | 0.37%             | 2039-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P             | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137B4WB8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    300000 | PA      | $297049.20    | 1.76%             | 2023-07-25      | Variable      | 3.06%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                 | Fannie Mae Pool                                              | CUSIP: 3140KNFZ6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    319336 | PA      | $272721.91    | 1.62%             | 2050-09-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A             | Government National Mortgage Association                     | CUSIP: 38378UAE7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     77882 | PA      | $75315.27     | 0.45%             | 2037-02-16      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BX Trust                                   | BX Commercial Mortgage Trust 2021-ACNT                       | CUSIP: 05609QAE6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $94976.70     | 0.56%             | 2038-11-15      | Floating      | 5.82%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                 | Fannie Mae REMICS                                            | CUSIP: 3136A7WK4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    238720 | PA      | $213354.08    | 1.27%             | 2042-05-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley BAML Trust                  | Morgan Stanley Bank of America Merrill Lynch Trust 2014 C19  | CUSIP: 61764PBU5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $239514.65    | 1.42%             | 2047-12-15      | Fixed         | 3.53%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                | Freddie Mac Pool                                             | CUSIP: 3132ADBJ6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    140383 | PA      | $129939.53    | 0.77%             | 2047-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                 | Fannie Mae Pool                                              | CUSIP: 3140X6AQ4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     96859 | PA      | $85926.76     | 0.51%             | 2050-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                 | Fannie Mae Pool                                              | CUSIP: 31418CE67<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     47290 | PA      | $45591.01     | 0.27%             | 2036-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                 | Fannie Mae Pool                                              | CUSIP: 3140KKS47<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    150526 | PA      | $128427.97    | 0.76%             | 2050-09-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE                                 | Federal National Mortgage Association                        | CUSIP: 31359MFJ7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGSE             | US        |    500000 | PA      | $594391.34    | 3.53%             | 2030-01-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                 | Fannie Mae Pool                                              | CUSIP: 3140QEYR7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    273239 | PA      | $223849.20    | 1.33%             | 2050-09-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                             | Fannie Mae-Aces                                              | CUSIP: 3136AV7G8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    404955 | PA      | $381096.89    | 2.26%             | 2027-02-25      | Variable      | 2.96%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                 | Fannie Mae Pool                                              | CUSIP: 31418DU42<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    401658 | PA      | $329192.70    | 1.95%             | 2040-12-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P             | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137F2LJ3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    125000 | PA      | $118402.60    | 0.70%             | 2027-06-25      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                 | Fannie Mae Pool                                              | CUSIP: 3140Q9PD9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     57316 | PA      | $57514.88     | 0.34%             | 2048-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                       | Bank of America Corp                                         | CUSIP: 06051GFX2<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |     70000 | PA      | $66765.59     | 0.40%             | 2026-04-19      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                             | Fannie Mae-Aces                                              | CUSIP: 3136AQC99<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    487611 | PA      | $463776.37    | 2.75%             | 2025-11-25      | Variable      | 2.90%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P             | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137BLMZ8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    140000 | PA      | $134509.70    | 0.80%             | 2025-07-25      | Fixed         | 3.01%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                 | Fannie Mae Pool                                              | CUSIP: 3140QFA25<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    387371 | PA      | $317832.49    | 1.89%             | 2050-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                | Freddie Mac REMICS                                           | CUSIP: 3137A5HU1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    201329 | PA      | $196859.85    | 1.17%             | 2031-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                 | Fannie Mae REMICS                                            | CUSIP: 3136ATJR6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    221756 | PA      | $204465.69    | 1.21%             | 2045-09-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage              | Citigroup Commercial Mortgage Trust 2015-GC29                | CUSIP: 17323VAY1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    136114 | PA      | $128728.93    | 0.76%             | 2048-04-10      | Fixed         | 2.94%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                 | Fannie Mae REMICS                                            | CUSIP: 3136ASHD1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    147131 | PA      | $124074.67    | 0.74%             | 2046-02-25      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley BAML Trust                  | Morgan Stanley Bank of America Merrill Lynch Trust 2014-C18  | CUSIP: 61763XAE6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     71000 | PA      | $68642.64     | 0.41%             | 2047-10-15      | Fixed         | 3.92%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                | Freddie Mac Pool                                             | CUSIP: 3133KYUP2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    208345 | PA      | $177739.88    | 1.06%             | 2040-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-02-22

**Name of Applicant:** Sterling Capital Funds

**Signature:** Todd Miller

**Name of Signer:** Todd Miller

**Title:** Treasurer and Secretary